Concession awarded for multibillion water treatment PPP project in Brazil

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Concession awarded for multibillion water treatment PPP project in Brazil

State Water and Sewage Company of Rio de Janeiro (CEDAE) in Brazil has awarded Rio de Janeiro's water distribution concession to a consortium of Igua and Aegea.

Aegea Saneamento, through a consortium formed by the company, Grupo Equipav, GIC (Sovereign Fund of Singapore) and Itaúsa, won the dispute in two of the four blocks. Aegea won blocks 1 and 4, which cover the South, North and Center regions of the capital and 26 cities in the state of Rio de Janeiro, benefiting more than 10 million people. Among the planned investments are the allocation of R$ 2.9 billion (US$554 million) to the Guandu River Basin and R$ 2.6 billion (USD488 million) to the depollution of Guanabara BayThe Barra da Tijuca lagoon complex will receive R$ 250 million (USD46 million).

The Aegea consortium offered a bid of R$ 8.2 billion (USD1.54 billion) and R$ 7.2 billion (USD1.35 billion) in blocks 1 and 4, respectively, which resulted in the company's victories.

Iguá Saneamento SA won the auction for the concession of Block 2 of assets of CEDAE for a grant of R$ 7.286 billion (USD1.36 billion). The new concession will be financed with additional capital invested by the company's current shareholders, as well as financing from the capital market.

The concession contract will run for 35 years. CEDAE, as a state-owned company, will remain responsible for the supply of drinking and treated water to the Metropolitan Region of Rio de Janeiro. Iguá will be responsible for water distribution and sewage collection and treatment services in the area established by the concession. 

List of country news

Country news

  • May 06, 2021

    Winner announced for US$2.58 billion highway PPP project in Brazil

    Agência Nacional de Transportes Terrestres (ANTT) in Brazil has awarded concession of  BR-153/414/080 / TO / GO highway system to consortium Eco 153 (Necton Investimentos).

    Read more
  • February 03, 2021

    BNDES approves financing for USD2.2 billion Highway PPP project in Brazil

    The board of the National Bank for Economic and Social Development (BNDES) approved financing for Eixo SP Concessionária de Rodovias SA to carry out investments planned for the first seven years of the concession of Lote Piracicaba-Panorama (PiPa), the largest road lot ever granted in the Country.

    Read more
  • January 05, 2021

    Sacyr wins multimillion highway concession in Rio Grande do Sul

    Sacyr Concessions has been awarded the RSC-287 Highway concession in the state of Rio Grande do Sul (Brazil). The multinational will widen 204 km of the roadway to improve communication in the Tabaí and Santa María regions.

    Read more
  • December 21, 2020

    Engie selected as preferred bidder for BRL300 million public lighting PPP in Brazil

    The largest private sector energy company in Brazil ENGIE made a successful bid in the Private Public Partnership (PPP) auction for street lighting in the municipality of Petrolina (PE) worth BRL300 million (USD58.8 million).

    Read more
  • October 29, 2020

    Mato Grosso do Sul awards sewerage PPP megaproject

    State of Mato Grosso do Sul in Brazil has selected Aegea Saneamento for the execution of infrastructure works in sanitary sewage, improvements, maintenance, and operation of the systems for a group of 68 cities in Mato Grosso do Sul. 

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.