Water supply and sanitation in Latin America

Lumen Closes Sale of its Latin American Business to Stonepeak

Retrieved on: 
Monday, August 1, 2022
People, Investment, Twitter, Instagram, U.S. Securities and Exchange Commission, Government, Partnership, Private Securities Litigation Reform Act, Multimedia, American business history, Internet service provider, Work, Facebook, Technology, Company, LinkedIn, Lumen Technologies, Communication, Risk, Sell, Bank, Lumen, Water supply and sanitation in Latin America

DENVER, Aug. 1, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) said today it has officially closed the sale of its Latin American operations to Stonepeak for $2.7 billion cash. This Latin American business is called Cirion, operating as an independent portfolio company of Stonepeak.

Key Points: 
  • Lumen to Sell Latin American Business to Stonepeak for $2.7B ( July 26, 2021 News Release )
    About Lumen Technologies and the People of Lumen:
    Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work.
  • Lumen and Lumen Technologies are registered trademarks in the United States.
  • Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $49.3 billion of assets under management.
  • Cirion owns and operates a facilities-based network and data center portfolio, with extensive coverage spanning across the Latin America region.

PepsiCo & Inter-American Development Bank Partnership Helps More Than 765,000 People in Latin America Gain Access to Clean Water

Retrieved on: 
Tuesday, August 13, 2019
Sanitation, Drinking water, Water supply and sanitation in Latin America

In Latin America and the Caribbean, nearly 230 million people lack access to safe and clean drinking water.

Key Points: 
  • In Latin America and the Caribbean, nearly 230 million people lack access to safe and clean drinking water.
  • "Access to safe water and improved sanitation services has a positive impact on the health and overall wellbeing of these communities, unlocking their social and economic potential."
  • The PepsiCo-funded pilots were highly effective, providing more than 765,000 people access to clean water in their communities primarily through the installation of water pumps and pipes.
  • Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean.