Private equity sees buckets of money in water buys

Reuters: Water scarcity will generate big returns for the irrigation sector once climate change and population growth take their toll on farming, private equity managers said on Tuesday. Asked at an agriculture investing conference whether it is possible to make money from water, typically a public good rather than a bankable commodity, Judson Hill of NGP Global Adaptation Partners was unequivocal. "Buckets, buckets of money," he told the meeting of bankers and investors in Geneva, a leading European......

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