Ridgewood Infrastructure Joins UN-Supported Principles for Responsible Investment
NEW YORK, February 21, 2019 (Newswire.com) - Ridgewood Infrastructure LLC, a leading water-focused investor in the U.S. lower middle market, today announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (“PRI”).
The PRI is a leading network of investors committed to integrating environmental, social and governance (“ESG”) factors into their investment practices, analysis and decision-making processes.
“Ridgewood Infrastructure is deeply committed to ethical and responsible investing,” said Ross Posner, managing partner of Ridgewood Infrastructure. “We consider ESG factors to be important sources of value creation and we believe that well-governed companies with environmentally sustainable and socially responsible operations will deliver better performance and achieve greater profitability.”
“As a signatory to the PRI, Ridgewood Infrastructure is proud to formally acknowledge our commitments to protect the environment, respect human capital and promote principles of good governance,” said Sam Lissner, vice president of Ridgewood Infrastructure.
“We are delighted to welcome Ridgewood Infrastructure as a signatory to the PRI and applaud their recognition that incorporating ESG factors as part of the investment process is a way to create greater value for beneficiaries,” said Fiona Reynolds, chief executive officer of the PRI.
About Ridgewood Infrastructure
Ridgewood Infrastructure invests in water and other essential infrastructure in the U.S. lower middle market. Ridgewood Infrastructure’s investments include (i) the Vista Ridge Regional Water Supply Project (“Vista Ridge”) — an essential, long‐term contracted 142‐mile water pipeline, which is expected to supply the city of San Antonio, Texas, with approximately 20 percent of its fresh water; and (ii) Undine LLC, which owns and operates regulated water and wastewater utilities in several major U.S. markets. The firm is part of the affiliated Ridgewood Companies, a leading real asset investment manager managing more than $5 billion in total capital and commitments focused on investments in infrastructure and energy.
For More Information:
34 East 51st Street, 9th Floor
New York, NY 10022
Phone: (212) 867-0050
Source: Ridgewood Infrastructure