Aegea
Brazil – Expanding access to sewage and running water in low-income communities
LCY facility to expand sewage coverage and running water with specific sanitation solutions for underserved communities
The Client
- Aegea is the largest private provider in the Water & Sanitation sector in Brazil and serves 30 million people
- 30 years of average concession contract tenor
- Aegea’s concession operates in Manaus, the capital of the Amazonas state and part of the Brazilian Amazon region
- Aegea’s performance was recognized in 2019 by the United Nations Global Compact as a Success Case in Water & Sanitation
The Transaction
- Local Currency term loan
- Use of proceeds: expand the company’s sewage coverage and refinancing
The Impact
Access to basic infrastructure:
- 25% expansion of coverage during the loan life
- Aegea provides door-to-door service program used to identify regions that did not have regular supply of treated water
- Social tariff program offers 50% discount on water & sewage bills for approximately 20% of the local population