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Companhia de Saneamento Básico do Estado de São Paulo S.A.

Company Detail

Description

Brazil's São Paulo state water utility Companhia de Saneamento Básico do Estado de São Paulo S.A. (Sabesp) is the country's largest water company, providing water and sewerage services in 364 municipalities and serving more than 28mn residential, commercial and industrial clients (or 60% of the state's urban population). Sabesp also sells water on a wholesale basis and provides a range of additional services, including urban rainwater drainage and management, urban cleaning and solid waste management, as well as participating in the energy market. Sabesp is a mixed capital company, majority-owned by São Paulo state. The company began operating in 1973 as part of the national sanitation plan Planasa put forward by the federal government to support development of the sector.

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