BNDES Dishes Out Utility Loans

BNDES Dishes Out Utility Loans

Brazil Loans

BNDES has approved a BRL1.35bn ($661m) loan to Sao Paulo water utility Sabesp, which will be used to continue clean-up efforts on the Tiete River. Sabesp has signed a contract with the IDB for sewage collection and processing, and is working with BNDES to access additional funds it needs. The clean-up program started in 1992, and BNDES notes that it’s in its third investment round, with the aim of completion in 2016. Some 27 municipalities are expected to be affected by the capacity and treatmen

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial