Aegea Saneamento, through a consortium formed by the company, Grupo Equipav, GIC (Singapore Sovereign Fund) and, Itaúsa, won two of the four blocks in the International Public Bid 01/2020 conducted by the State of Rio de Janeiro through the Companhia Estadual de Águas e Esgotos (CEDAE), on April 30 on B3. The bid was for the full concession of the provision of water supply and sanitation services for 35 towns in the State of Rio de Janeiro, which includes infrastructure works, improvements, maintenance, and operation of systems, as well as investments of R$ 30 billion over the 35 years of the agreement.

Aegea won blocks 1 and 4, which include the South, North, and Central regions of the capital city and 26 cities in the state of Rio de Janeiro, benefiting over 10 million people. The estimated investments include the allocation of R$ 2.9 billion to Rio Guandu Basin and R$ 2.6 billion to depolluting the Guanabara Bay. The Barra da Tijuca lagoon complex will receive R$ 250 million.

Three other groups participated in the auction. The Aegea consortium offered the winning bids of R$ 8.2 billion and R$ 7.2 billion for blocks 1 and 4, respectively.

According to Radamés Casseb, CEO of Aegea Saneamento, “this achievement reflects the new moment at the company, which prepared itself in recent years to take our quality services to other regions and further reduce the sanitation deficit in the country. Currently, we operate in five towns of the Lagos Region, where we brought about significant changes in line with our purpose of offering a more dignified and healthier life and following our business model.”

After winning this bid, Aegea will operate in 153 cities across 12 Brazilian states, using its vast experience to serve over 21 million people. “Our experience in operating in locations with diverse dimensions, with a transparent and ethical business model combined with our operating efficiency, responsible investments, and achievement of targets will play a fundamental role in contributing to universal sanitation in these regions,” he said.

Aegea congratulates CEDAE, the State of Rio de Janeiro, and the Brazilian Development Bank (BNDES) for the initiative and believes that part of the solution to take basic sanitation to all Brazilians includes complementary and integrated action involving both the public and private sectors. With the new regulatory framework for the sanitation sector, initiatives like this will get a boost, generating new investment opportunities in an even safer environment.

The regions and cities making up blocks 1 and 4 include 106 neighborhoods in the Central and North regions and 18 neighborhoods in the South Region of the capital city and 26 cities across the state of Rio de Janeiro: – Aperibé, Cachoeiras de Macacu, Saquarema, Tanguá, São Sebastião do Alto, Cambuci, Cantagalo, Casimiro de Abreu, Cordeiro, Duas Barras, Itaboraí, Itaocara, Rio Bonito, São Francisco de Itabapoana, São Gonçalo, Magé, Maricá, Miracerma, Belford Roxo, Duque de Caxias, Japeri Mesquita, Nilópolis, Nova Iguaçu, Queimado and São João de Meriti.