Aguas de Jangada

active

In July 2004, the municipality of Jangada, in the state of Mato Grosso, Brazil, awarded a 30 year rehabilitate, operate and transfer contract for its water and sewage infrastructure to private operator Aguas de Jangada. In 2004, the town of Jangada had a population of 2,946. Aguas de Jangada was a special purpose company owned by Brazilian company Brasil Central Engenharia (Grupo Dias). In 2012, Aegea (subsidiary of the Brazilian company Equipav) acquired the project company along with another 15 water and wastewater concessionaries that were operating in the state of Mato Grosso and belonged to Grupo Dias. The ownership of all these companies were transfered to a newly created holding called Nascente do Xingu, itself a wholly-owned subsidiary of Aegea. The concession was awarded through an open competitive tender. No information was available on the number of final bidders. Aguas de Jangada committed to invest US$ 0,3 million (BRL 1 million) over the concession’s lifetime.