Singapore sovereign fund increases stake in Brazil's Aegea
Singapore sovereign wealth fund GIC increased its stake in Brazilian water and wastewater firm Aegea.
GIC bought 75.4mn Aegea shares through investment vehicle Atlantic Investco, increasing its stake in the company to 28.64% from 21.44%. The acquisition was part of an Aegea capital increase of 400mn reais (US$$103mn).
Aegea is controlled by local infrastructure group Equipav, which had a 67.21% stake before the latest transaction. IFC and IFC Asset Management held 6% and 5.35%, respectively.
The sanitation sector in Brazil is expected to attract a growing number of private investors as the government's fiscal challenges affect investments in areas such as water and infrastructure.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Water & Waste (Brazil)
Brazil’s Ambiental Ceará obtains over US$100mn financing for sanitation projects
The firm will invest the funds in sewage infrastructure works in Ceará state.
Spotlight: Private sector investment in Brazilian infrastructure
BNamericas looks at the sectors that are likely to receive the most investments, according to a new report.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Water & Waste (Brazil)
Get critical information about thousands of Water & Waste projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Block 8 (Brazil)
- Current stage:
- Updated:
3 months ago
- Project: Bauxite Tailings Plant
- Current stage:
- Updated:
1 month ago
- Project: Improvement of the water supply system in the municipality of Desolonopole-CE
- Current stage:
- Updated:
8 months ago
- Project: Implementation of the Amarelas dam and the Fortim water pipeline
- Current stage:
- Updated:
6 months ago
- Project: Modernization of the São Simão hydroelectric plant
- Current stage:
- Updated:
3 months ago
- Project: Río Claro small hydro plant (ex-Perdidos)
- Current stage:
- Updated:
4 months ago
- Project: Três Estradas (Phase 1)
- Current stage:
- Updated:
4 months ago
- Project: Catolé dam
- Current stage:
- Updated:
4 months ago
- Project: Adutora do Agreste potable water system
- Current stage:
- Updated:
4 months ago
- Project: TransParaíba adductor system, Cariri Branch (Paraíba Water Security Project - PSH/PB)
- Current stage:
- Updated:
4 months ago
Other companies in: Water & Waste (Brazil)
Get critical information about thousands of Water & Waste companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Consórcio Telar-Contracta
-
Consórcio Telar-Contracta is made up of Brazilian construction companies Telar Engenharia e Comércio Ltda and Contracta Engenharia Ltda. Established in 2016, the consortium ente...
- Company: Construtora Medeiros Carvalho de Almeida Ltda.  (Construtora Medeiros)
-
Brazilian infrastructure construction company Construtora Medeiros Carvalho de Almeida Ltda. (Construtora Medeiros) is involved in basic sanitation projects, sewer lift stations...
- Company: Contek Engenharia S.A  (Contek Engenharia)
-
Contek Engenharia S.A is a Brazilian construction company specializing in infrastructure works including roads, bridges and viaducts, basic sanitation, earthmoving, urban develo...
- Company: Veolia Water Technologies & Solutions - LATAM
-
With operations in 130 countries and over 10,000 employees worldwide, Veolia Water Technologies & Solutions (formerly SUEZ WTS) solves the toughest water, wastewater and process...
- Company: Espectro Engenharia Ltda.  (Espectro Engenharia)
-
Espectro Engenharia Ltda is a Brazilian company that engages in engineering, construction, and maintenance for private and public clients in the sanitation, urban infrastructure...
- Company: Emerson Electric Co., Sucursal Brasil  (Emerson Electric Brasil)
-
The description contained in this profile is taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tran...
- Company: Governo do Estado de Sergipe
- Company: Nippon Koei LAC Do Brasil LTDA  (Nippon Koei LAC Do Brasil)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...