IDB Invest has provided a BRL470 million (US$85.70 million) corporate loan to Companhia de Saneamento Básico do Estado de São Paulo S.A. (Sabesp) for the improvement of environmental and sanitary conditions in the Metropolitan Region of São Paulo, Brazil.
The loan will be used to partially finance a number of initiatives, such as the expansion of the Parque Novo Mundo, So Miguel Paulista, and Barueri sewage treatment plant's capacity and the optimization and expansion of the sewage collection network. The scope of the work also includes the construction of 200 km of collection networks and 160 km of interceptors and trunk collectors.
IDB Invest intends to reduce the amount of sewage that is discharged into the Tietê River by expanding and improving the sewage collection, transportation, and treatment system sustainably.
Country updates
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July 21, 2022
Previcon won a multimillion auction for Highway PPP project in Brazil
Previcon has won a BRL406 million (US$74.81 million) contract for the development of the MG-424 highway in Brazil.
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July 19, 2022
Seven bids received for Sanitation infrastructure PPP project in Erechim
The municipality of Erechim has announced that it has received seven bids from seven consortiums for the concession of public water supply and sewage services in the Erechim munici...
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July 18, 2022
Patria Investments signs agreement to acquire VBI Real Estate
Patria Investments has announced an agreement to acquire VBI Real Estate (VBI). The transaction is structured in two stages, the first of which entails the acquisition of 50% of VBI by Patria. The com...
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July 15, 2022
Auction to be held for Privatization of CEEE distribution in Brazil
The Government of Rio Grande do Sul has issued a public notice for the privatization of Companhia Estadual de Energia Elétrica (CEEE), a distribution company in Brazil. The minimum purcha...
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July 15, 2022
Brazil launches public consulation for BRs 381 highway PPP project
The National Land Transport Agency (ANTT) in Brazil has launched a public consultation for the BR-381 highway located in Minas Gerais, Brazil. BR-381 is a 304-km federal highway connecting the...
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