47383
SOCIEDADE DE ABASTECIMENTO DE AGUA E SANEAMENTO S/A.
Apr 3, 2023
Brazil
Latin America and the Caribbean
May 3, 2023
B - Limited
Active
Aug 26, 2023
Regional Industry - INF LAC
Infrastructure
Approved : May 8, 2023
Signed : May 19, 2023
Invested : Aug 18, 2023
Water and Wastewater Utilities
The investment consists of a loan of up to US$50 million equivalent in BRL (approx. BRL260 million) for IFC’s own account to Sociedade de Abastecimento de Água e Saneamento S.A (Sanasa or the Company). The proceeds will be used to finance part of the Company’s capital expenditure (CAPEX) plan 2023-2025, geared at improving its water supply and sewage infrastructure contributing to achieving its 100% service coverage objective, growing operational resiliency, enhancing service quality, and increasing efficiency (the Project).
The investment will be complemented with an Upstream advisory engagement in connection with the Utilities for Climate (U4C) initiative for a diagnostic of Sanasa’s IT systems to identify how to integrate IT into a comprehensive information management system aligned with the best practices across the Company, transforming it into a managerial decision tool and assisting in further improving Sanasa’s operational resiliency.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Avenida da Saudade, 500, TERREO, Ponte Preta, Campinas-SP, Brazil