Aegea wins Espírito Santo sewage concession

Aegea wins Espírito Santo sewage concession

Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance Structured Finance Brazil Latin America

Brazilian water treatment company Aegea has won a public private partnership (PPP) contract to provide sewage services in Espírito Santo and will invest BRL580 million ($103 million) to expand the network over the 30 year contract term. Aegea, represented by brokerage Ativa, beat six other consortiums with an offer 38.12% below the maximum bid price to treat a cubic meter of sewage in two municipalities - Cariacica and Viana - in state capital Vitória at an auction on Tuesday. State water and se

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