Indaqua

Name

Indaqua

Legal name

INDAQUA Vila do Conde

Website

https://indaquavconde.pt

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Water and Wastewater Utilities

NAICS

Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (221310), Sewage Treatment Facilities (22132)

SIC

Water Supply (4941), Sanitary Services (4950), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Water Supply & Wastewater Utilities Administration (BPAIACAG)

Keywords

• Municipal water supply
• Wastewater treatment
• Water utility services
• Sanitation management
• Water concession operations

Headquarters

HQ city

Vila Do Conde

HQ country

Portugal

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Water Distribution Services: Revenue generated from water distribution to residential and commercial customers through municipal concession. Tariffs are regulated by ERSAR and billed based on water consumption. This is the primary revenue stream for the concession holder.
2. Wastewater Collection and Treatment: Revenue from sanitation and wastewater management services provided to customers within the concession area. Billed through the same tariff structure as water services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Indaqua (INDAQUA Vila do Conde) operates as a regulated municipal concession holder delivering potable water distribution and wastewater collection and treatment services to residential and commercial customers within the Vila do Conde municipality. The company manages a 578.4 km water distribution network serving 41,000 connections and a 412.6 km sanitation network serving 37,000 customers, supplemented by a digital customer portal (Balcão Digital) for billing, meter reading, and account management. Services are delivered under tariffs regulated by ERSAR (Entidade Reguladora dos Serviços de Águas e Resíduos).

Product overview

INDAQUA Vila do Conde operates as a municipal water and sanitation utility managing two core services: water supply distribution (serving 41,000 customers across 578.4km of pipes) and wastewater collection and treatment (serving 37,000 customers across 412.6km of sewer networks). The company's portfolio includes its digital customer portal (Balcão Digital) for self-service account management, meter reading submission, electronic billing, and payment services. Technology infrastructure comprises telemanagement systems for remote equipment monitoring and a Geographic Information System (SIG) for infrastructure asset management. Quality is maintained through an approved Water Quality Control Program (PCQA) with quarterly public reporting. The company has received multiple ERSAR quality certifications, including the 2025 Excellence Award for public water supply management.

Differentiator

Problem solved

Functional benefit

Products and services

• Abastecimento de Água (Water Supply) Municipal water distribution service providing potable water to residential and commercial customers through a 578.4 km network of pipes. Water is sourced and treated by Águas do Norte S.A. and delivered under ERSAR-regulated tariffs. Serves 41,000 connections.
• Saneamento de Águas Residuais (Wastewater Management) Collection, drainage, and treatment of wastewater through a 412.6 km sewer network including collectors, emissaries, pumping stations, and wastewater treatment plants (ETARs). Treated water is returned to the environment. Serves 37,000 sanitation customers.
• Balcão Digital

Quantifiable outcome

• 99.7% water supply coverage rate achieved
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Águas de Portugal (AdP Group): Portuguese state-owned water and wastewater holding group operating multiple municipal and bulk-water concessions across Portugal, including Águas do Norte (Indaqua's wholesale supplier). Direct comparable as the dominant national concession operator.
• EPAL – Empresa Portuguesa das Águas Livres: Largest Portuguese municipal water utility serving the Lisbon metropolitan area. Comparable as a regulated Portuguese water utility operating an extensive distribution network under ERSAR oversight.
• Veolia Water Technologies & Solutions (Iberia): Global water utility and services group with significant Portuguese and Spanish municipal concession holdings. Comparable as a large incumbent competing for the same Iberian concession pipeline.
• Iberdrola (water/environment services portfolio): While primarily an energy utility, Iberdrola has exposure to water and environmental infrastructure services in Iberia. Comparable as a large Iberian infrastructure investor adjacent to the regulated utility asset class Indaqua targets.

Direct peers

• Aqualia (FCC): One of Spain's largest private water and wastewater operators with extensive Iberian and international municipal concessions. Closely comparable to Indaqua's Iberian concession-led expansion strategy.
• Acciona Agua: Spanish global water operator running municipal concessions and EPC projects. Comparable as a European concession-holder pursuing Iberian and international growth.
• GS Inima Environment: Spanish-headquartered water and wastewater concession operator with a presence across Iberia, Latin America and other regions. Comparable concession-led model in regulated municipal water services.

Others

• Suez Water Iberia: International water and wastewater concession operator active across Iberia. Comparable as a competing concession bidder and operator of regulated municipal water services.
• Águas do Norte S.A. Portuguese multi-municipal bulk water supplier serving northern Portugal including Vila do Conde. Comparable as upstream water infrastructure provider and indirect partner/dependency for Indaqua's operations.

Regional players

• SMAS Sintra (and other SMAS municipal utilities): Sistemas Municipais de Águas e Saneamento are Portuguese municipal water and sanitation services operators. Comparable as direct municipal-concession peers operating under ERSAR regulation with similar service mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/indaqua-vila-do-conde

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indaqua