Aguas de Pedra Preta

active

In December 2003, the municipality of Pedra Preta, in the state of Mato Grosso, Brazil, awarded a 20-year rehabilitate, operate and transfer contract for its water and sewage infrastructure to private operator Aguas de Pedra Preta. In 2003, the town of Pedra Preta had a population of 13,452. Aguas de Pedra Preta 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 Pedra Preta committed to invest US$ 2.7 million (BRL 8.4 million) over the concession’s lifetime.