The company has begun a 268mn-real (US$82mn) bond issue to finance sewage projects.
The government of the Brazilian state is looking to preserve the water quality in a reservoir serving Belo Horizonte.
Sedapal, which posted a profit last year, managed to execute 79% of its US$210mn capex budget in 2017, as the government seeks to extend coverage to 100% of the capital's 10mn population.
Lima's poorest neighborhoods are getting a bigger slice of the housing ministry budget, as the government invests more in water projects.
The rehabilitation of the Tlacotal plant in Iztacalco district required an investment of 44mn pesos (US$2.4mn).
The country's comptroller found that the environment regulator for the northern and central zones of Bolivar awarded US$51mn to cleanup canals to mostly the same contractors.
Businesses are adopting measures to reduce their water consumption
The plant required an investment of 61mn pesos (US$3.3mn) and will benefit 15,900 residents of the state's Armería municipality.