Sure! Here’s the translation into American English:
Altanea has taken a significant step towards sustainability and the circular economy with the creation of Regeneraqua S.L., a new company aimed at leading the regeneration and reuse of water in Spain. This move comes in an alarming context, as over 75% of the national territory faces desertification risks, and existing infrastructure is insufficient; currently, only 27% of Wastewater Treatment Plants (WWTP) are equipped to perform tertiary treatments that allow for water regeneration.
The recent establishment of Regeneraqua aims to address this issue by offering effective solutions. The new company begins its journey with the backing of the A&G Sustainable Infrastructure II F.C.R. fund, which acts as a strategic partner. According to Altanea, this initiative opens a new business line with considerable growth potential, focusing on meeting the demands of municipalities, companies, and operators in a period marked by increasing water stress.
Regeneraqua aligns with European guidelines related to water resilience and water reuse, positioning itself as a benchmark in the development of sustainable and innovative projects. The company will combine technological efficiency with public-private collaboration models, enabling it to implement nationwide solutions that promote the reuse of wastewater and industrial water. It is estimated that Regeneraqua will mobilize investments exceeding 100 million euros, thereby contributing to reducing dependence on conventional water sources and aquifers.
With this new initiative, Altanea reinforces its model as an investment platform for sustainability, which already includes projects in land development, ecotourism, sustainable building, and renewable energies through its subsidiary Rolwind Renovables. Regeneraqua is added as a key strategy within the company, consolidating its commitment to the transition towards a greener future.
via: MiMub in Spanish
