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2 clusters · 4 sources · 6 days · First seen · Last updated

Copasa privatization and sanitation restructuring in Minas_G

Overview

The water utility Copasa in Minas Gerais is undergoing significant structural changes following privatization by the state government. The Equatorial Energia Group acquired a 30% stake, while the government's share was reduced from 50.03% to 5.03%, raising approximately R$ 8.3 billion to settle state debts. New concessions have been extended to 2073.

Following these changes, local leaders in the Médio Rio Piracicaba microregion have begun engaging with Copasa to discuss a new contractual model for sanitation services. Mayors and representatives, including Copasa's CEO Marília Carvalho de Melo, have met to address technical, legal, and regulatory aspects of a proposed municipal block for service adhesion. Local officials have emphasized the need for transparency and clear information regarding water supply and sewage treatment obligations.

Entities

Copasa · Equatorial Energia · Médio Rio Piracicaba · Amepi · St George Mining

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    Copasa and Médio Piracicaba mayors discuss new sanitation model

    Mayors in the Médio Rio Piracicaba region met with Copasa to discuss a new sanitation service contract model and the potential formation of a municipal block for service adhesion.

  2. 9 days ago

    [BUSINESS] 2 sources
    Copasa undergoes privatization in Minas Gerais amid regional water issues

    Copasa undergoes privatization in Minas Gerais amid regional water supply warnings in Divinópolis and a R$ 2 billion mining investment announcement in Araxá involving St George Mining.

Sources

anoticiaregional.com.br · clarim.net.br · defatoonline.com.br · g37.com.br