51460
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO.
Aug 20, 2025
Brazil
Latin America and the Caribbean
May 29, 2025
B - Limited
Active
Jul 29, 2026
CN6L2 - Regional Industry INF LAC & EUR/INR LAC2 S Cone Andean & Brazil
Infrastructure
Approved : May 29, 2025
Signed : Jul 21, 2025
Invested : Jul 31, 2025
Water and Wastewater Utilities
The proposed investment consists of a first tranche of US$50 million anchor investment in a 5 year unsecured US$500 million international blue bond to Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (“SABESP” or the “Company”) and a proposed second tranche of up to an US$ 1 billion, out of which US$200 million are for IFC’s own account (A Loan) and up to US$800 million are expected to be mobilized through a B1 Loans. IFC own account investment in the first tranche will finance the Company’s water obsolete water meter replacement with smart water meters, while the remainder US$450 million will be directed towards the Company’s blue capital expenditures program. As for the second tranche, proceeds will be used to continue supporting the financing of close to 4.4 million obsolete water meter replacement with smart water meters together with the construction of SABESP’s new Integrated Operations Center.
The investment aligns directly with the IFC non-revenue water advisory engagement which started in 2022 and has recently concluded, marking IFC’s longstanding advisory engagement with SABESP under the U4C framework
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Local Access of Project Documentation
Rua Costa Carvalho 300, Sao Paulo, Brazil