Rio de Janeiro Water and Sanitation Bloc 1

active

The project entails the development of Rio de Janeiro Water and Sanitation Bloc 1, comprising of the following municipalities: Aperibe, Miracema, Cachoeiras de Macacu, Cambuci, Rio Bonito, Cantagalo, Casimiro de Abreu, Sao Francisco de Itabapoana, Sao Goncalo, Cordeiro, Duas Barras, Sao Sebastiao do Alto, Itaborai, Itaocara, Saquarema, Tangua, Mage, Marica. A consortium of sanitation company Aegea Saneamento and BTG Pactual won block 1. The sponsors payed $500m (R$2,650m) in government fees for the concession rights. The total project cost is $1564m (R$8.2b), of which the National Bank for Economic and Social Development (BNDES) provided a loan for $264m (R$1375m) which also provided funding insurance for the concessionaire. The Inter-American Development Bank (IDB) also provided a long-term loan of $150m for this initiative, partially mobilized from PROPARCO which will provide a $100m (R$500m) guarantee to IDB Invest. Furthermore, the total project cost be will financed with $675m (R$3,493m) simple debenture emission, arranged by Banco Itau BBA, Banco BTG Pactual, Banco Bradesco BBI. The financial close date is October 5th, 2023. https://www.ijglobal.com/articles/169165/bndes-approves-financing-for-sanitation-ppp https://www.aegea.com.br/2022/12/21/concessionaria-da-aegea-aguas-do-rio-assina-contrato-de-financiamento-de-r-193-bilhoes-com-o-bndes/ https://www.ijglobal.com/articles/155084/winners-announced-for-rio-sanitation-auction https://api.mziq.com/mzfilemanager/v2/d/0a296115-dd7d-454b-ba26-369893ae3f0c/ad15798b-c0b1-32d1-0fd1-93b211d98395?origin=2 https://apnews.com/article/rio-de-janeiro-brazil-lifestyle-business-a1e7e97e04231c5b1a2d6eb5535e8117 https://www.idbinvest.org/en/news-media/idb-invest-and-proparco-partner-aguas-do-rio-provide-clean-water-and-sanitation-10-million https://api.mziq.com/mzfilemanager/v2/d/9aa4d8c5-604a-4097-acc9-2d8be8f71593/50583d21-c731-6b60-3e15-b3656aac80c3?origin=1 https://www.globaltradealert.org/intervention/128892/state-loan/brazil-bndes-provides-usd-264-million-loan-to-i-aguas-do-rio-1-spe-sa-i-under-the-i-bndes-finem-i-scheme-december-2022 https://api.mziq.com/mzfilemanager/v2/d/9aa4d8c5-604a-4097-acc9-2d8be8f71593/e5cdbf83-b5c1-5bcd-6b85-c9e226ead82a?origin=1 https://ofertaspublicas.warren.com.br/oferta-publica-renda-fixa/deb_aguas_do_rio