# Lifequest signs LOI to acquire majority stake in Aquity for wastewater plants in South Africa

Lifequest World Corp signed a letter of intent to acquire a majority equity interest in Aquity and provide project financing for build-own-operate and water-as-a-service wastewater treatment plants in South Africa.

- Type: Partnership
- Announced: 2021-04-08
- Where: South Africa, South Africa
- Status: announced
- Products: wastewater treatment plants, water-as-a-service
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [LifeQuest World Corporation](https://endata.com/companies/40392.md) (acquirer)
- [Aquity](https://endata.com/companies/54338.md) (target)

## Sources

- [newmediawire.com](https://www.newmediawire.com/news/lifequest-signs-letter-of-intent-with-aquity-pty-ltd-to-pursue-build-own-operate-and-build-own-lease-transfer-and-water-as-a-service-wastewater-treatment-plants-5230397), 2021-04-08: "Lifequest Will Own a Majority Stake in Aquity and Arrange Project Finance to Build a Portfolio of Plants Yielding Long-Term Cash Flow."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.