Iguá Saneamento S.A. announced that it will raise BRL 514 million of funding from new investor Canada Pension Plan Investment Board on March 22, 2021. The transaction included participation from returning investors Alberta Investment Management Corporation for 39% aggregate stake, BNDES Participações S.A. - BNDESPAR for 11% stake and IG4 Capital Investimentos Ltda for 5% stake. The transaction is subject to customary closing conditions and regulatory approvals. Canada Pension Plan Investment Board will acquire a 45% stake in the company though the transaction and a secondary investment of BRL 664 million.