PROJECT

Projects

Summary of Investment Information

Project Number

52289

Company Name

METITO UTILITIES LLC

Date SPI Disclosed

May 4, 2026

Country

United Arab Emirates

Region

Middle East

Projected Board Date

Jun 20, 2026

Environmental Category

B - Limited

Status

Pending Approval

Last Updated Date

May 4, 2026

Department

Regional Industry INF MCT

Industry

Infrastructure

Sector

Water and Wastewater Utilities

Project Description

  The proposed transaction involves investment in convertible preferred shares of Metito Utilities Limited (MUL or the Company), a leading mid-sized private company with an established track record in concession-based water and wastewater projects across emerging markets. The Company focuses on long-term PPP/BOOT projects with contracted cash flows, primarily in MENA, Sub‑Saharan Africa, Central Asia, South Asia, and Emerging Europe. IFC’s proposed investment in convertible preferred shares will strengthen MUL’s capital base, fund committed projects and pipeline growth and support the scaling of the private water PPP platforms in emerging market.

                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation