Privatization of Rio de Janeiro sanitation company Cedae attracts 15 groups- Rio govt

Vinci Compass Investments

02/02/2021 11:13

RIO DE JANEIRO, Feb 2 (Reuters) - At least 15 companies have
expressed interest in the privatization of Rio de Janeiro's
sanitation company Cedae, the state's secretary Nicola Miccioni
told Reuters late on Monday. 
    Among the groups vying for the company are China's Gezhouba
Group (CGGC)  600068.SS  , China Communications Construction
Company (CCCC)  601800.SS  and State Grid Corporation of
China STGRD.UL . 
    South Korea's GSI Inima, Brazilian asset manager Vinci
Partners Investments  VINP.O , the Canada Pension Plan
Investment Board, Brookfield Asset Management-controlled BRK
Ambiental  BAMa.TO , Equatorial Energia  EQTL3.SA , Igua
Saneamento, Aegea Saneamento, Arcadis, Conen Engenharia, Encibra
Engenharia, Esse Engenharia and Saneamento Ambiental Águas do
Brasil are also interested in Cedae, the secretary added.
    The auction to sell the right to operate water and
sanitation services in Rio is scheduled for late April, with a
minimum price of 10.6 billion reais ($1.95 billion). The state
will be divided in four regions. 
($1 = 5.4322 reais)

 (Reporting by Rodrigo Viga Gaier in Rio de Janeiro; Editing by
Kirsten Donovan)
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