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Aguas do Brasil wins cluster 3 of Rio de Janeiro's sanitation auction for $387 mln

reuters.com · 12/29/2021 12:36
Aguas do Brasil wins cluster 3 of Rio de Janeiro's sanitation auction for $387 mln

- Aguas do Brasil on Wednesday won the auction for concession lot number 3 of Rio de Janeiro sanitation company Cedae, offering 2.2 billion reais ($387 million), beating the only other offer which was made by Aegea.

The winning bid by Aguas do Brasil, which participated in the competition under the name SAAB, represented a 90% premium over the minimum value defined in the process.

($1 = 5.69 reais)


(Reporting by Aluísio Alves; Writing by Peter Frontini)

((Peter.Siqueira@thomsonreuters.com; +55 11 56447727;))