PROJECT

Projects

Summary of Investment Information

Project Number

51460

Company Name

COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO.

Date SPI Disclosed

Aug 20, 2025

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

May 29, 2025

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jul 29, 2026

Department

CN6L2 - Regional Industry INF LAC & EUR/INR LAC2 S Cone Andean & Brazil

Industry

Infrastructure

Previous Events

Approved : May 29, 2025
Signed : Jul 21, 2025
Invested : Jul 31, 2025

Sector

Water and Wastewater Utilities

Project Description

 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.

Associated Advisory Engagement

 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

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation