Water Security Solutions to Improve Quality of Life

A Mission Driven Firm

Expertise and vision

Carlos Aguilar

Founder & CEO

Carlos Aguilar is a senior manager with extensive experience leading the development, finance, and operation of environmental services and infrastructure. For over 25 years, he has worked internationally at the intersection of water services, project finance and impact investment. His experience and expertise in these fields enable him to steer organizations that:

Develop and finance water services infrastructure.
Deploy private capital that delivers sustainable impact at scale.
Adopt technology innovations to improve asset management and operations.

Throughout his career, he has held management positions at subsidiary companies of Bechtel Enterprises, Suez and Blackstone. He has worked extensively on Public Private Partnerships (PPP) including the management of a portfolio of Build-Operate-Transfer (BOT) contracts concerning wastewater treatment and reuse plants.

As a former Senior Specialist of the World Bank and the Global Water Partnership Organization, he contributed to the design and implementation of water services and water resources projects benefiting rural and peri-urban poor. In his professional capacity, he has enabled partnerships with public and private water utilities, national and local governments, PPP agencies, lenders and investors, thus building a broad network of contacts in Mexico and LATAM.

He earned his Civil Engineering Bachelors degree at the National Autonomous University of Mexico (UNAM) and a Masters of Science (Eng) from the University of Leeds in England. He is fluent in English, French and Spanish.

LATAM Focused

Latin America faces some of the most acute water security challenges in the world. Rapid urbanisation has outpaced the expansion of water and sanitation infrastructure; climate change is intensifying rainfall variability and drought risk; and chronic underinvestment — compounded by governance weaknesses and limited institutional capacity — leaves millions of people without reliable access to safe water.

BGIV is focused on this region not despite these challenges, but because of them. The intersection of urgent need, growing impact investor appetite, and an increasingly sophisticated landscape of national and subnational water authorities creates real opportunity for the kind of blended finance and advisory work at which our team excels.

Our geographic focus spans Mexico and Central America — markets where our principals have accumulated decades of professional relationships, regulatory knowledge, and on-the-ground operational experience. This depth of local knowledge is not incidental to our work: it is the foundation on which every transaction, every scale-up strategy, and every impact measurement framework we design is built.

Smart Tech
Human Insight

Digital tools are utilized sensibly in our workflow, strictly as catalysts for efficiency, accuracy, and innovation, always guided by human review. We integrate digital tools and AI deliberately, using them to enhance our efficiency and creativity while keeping human insight, quality, and ethics at the forefront.

Support Team

Our core leadership team is supported by a network of associate specialists who are engaged on a project-specific basis to provide the technical depth that each engagement requires.

This model allows us to bring exactly the right expertise to each project without the overhead of a large permanent staff.

We also maintain active working relationships with a select group of LATAM-based implementation partners — engineering firms, community development organisations, and public sector advisory practices — whose local operational capacity complements our strategic and financial advisory expertise.

Our Values

Equity

Team work

Integrity

Selected Clients

	ADA is a Luxembourg-based microfinance and inclusive finance development organisation. BGIV has supported ADA's investment and advisory work in the WASH sector in Central America, providing technical assistance on sector mapping, investment screening, and impact monitoring for water and sanitation market development initiatives.	www
	Total Impact Capital is a US-based impact investment firm specialising in fund structuring and management. BGIV has collaborated with Total Impact Capital on the design and measurement of water infrastructure investments targeting underserved communities.	www
	Agua Clara de Santa Fe is a Mexican wastewater treatment operator and concessionaire of the city's largest reused water distribution network. BGIV provided advisory support in relation to CAPEX finance.	www
	APP Honduras is a social enterprise specialised in the design and construction of drinking water treatment plants BGIV has supported APP Honduras with scale-up advisory and fundraising strategy for developing pre-fabricated, modular water treatment plants.	www