Brazil’s Vinci Partners Investments has established a new partnership with consortium Águas do Brasil to invest in the public concession of Companhia Estadual de Águas e Esgotos’ (CEDAE) Block 3.
The company will be ahead of CEDAE’s concession of Block 3, won by Águas do Brasil in the international public bid conducted by the State of Rio de Janeiro, and will be responsible for the provision of water supply and sanitation services for 21 cities in the state.
This is the first investment from Vinci Infrastructure Water and Sewage strategy (VIAS), made through a 40-percent stake held in the company. With this investment, the fund will reach more than 90-percent deployment considering raised commitments since its first close in 2021.
“We are thrilled to once again take part in the concession of basic services’ distribution, effectively contributing to improve the quality of water sanitation services to the state’s population,” said José Guilherme
