PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607886

Primary Business Area

Transaction Advisory

Disclosure Date

Jul 22, 2025

Country

Brazil

Region

Latin America and the Caribbean

IFC Approval Date

May 24, 2023

Status

Active

Estimated Total Budget

$6,914,224.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 25, 2025

Project Estimated Start Date

Jan 1, 2023

Project Estimated End Date

Dec 31, 2025

Client Legal Name

STATE GOVERNMENT OF SAO PAULO

Project Description

IFC will support the Government of the State of Sao Paulo to boost private sector participation in SABESP, a state-owned company, through the sale of the majority of Sao Paulo State Government (GoSP) shares in a privatization process. SABESP is the biggest Water Supply and Sanitation Services (W&S) company in the Americas in terms of population served. Its concession area covers 375 municipalities in São Paulo State, totaling 31 million inhabitants. The project is a top priority for GoSP given that private management would prepare the company to face future challenges, by bringing state-of-the-art technologies for sustainable network operation and by adapting and expanding its infrastructure to be climate resilient. This is expected to increase operational efficiency and result in better quality services for the population.

Development Results

E&S Risks / Impacts and Mitigation