Consortium led by PHX Aqua acquires 90% of Argentine water utility AySA for $340M

A consortium comprising PHX Aqua, Rowing, Transclor, and Arcos has agreed to acquire 90% of Argentina's state water utility AySA for US$340.2 million, marking a major privatization of a core public service. The deal signals a shift in Argentina's infrastructure policy under the current administration, with implications for service delivery and regulatory oversight. Details on the consortium's operational plans and financing remain unclear.