Governor of São Paulo ended the speech about the company stating that it is the time ‘to make the definitive transition to the private initiative
The governor of, (Republicans), said that in the future the value of 18% of the remaining shares of the State Basic Sanitation Company () will be worth more than the 32% already sold by its management. “This, you can write down, it will happen. Sabesp is an excellent Business. In fact, it has grown a lot and will grow much more,” said J. Macro Day 2025, Banco Safra Macro Safra event. “Sabesp’s departure had to be given in Steps (steps). The first we have now given the sale of 32% of shares. Our permanence as a shareholder guarantees a soft transition to private sector,” said Tarcisio. “Second (step), this fee damping mechanism. At first of the contract is very important, because it does not let the growth growth explode with the growth of the base. Then we have the depreciation itself and the need to decrease.”
The governor of São Paulo ended the speech about Sabesp stating that it is “the time” to make the definitive transition of the company to private initiative. Tarcísio addressed the expansion of the state’s public sanitation model through its “Universaliza SP” program that will structure concessions to 233 municipalities not yet contemplated by Sabesp through groupings or blocks.
He also pointed out that his management has already won the mark of R $ 354 billion of private investments hired after the auction of the Alto Tietê Lot (referring to lines 11, 12 and 13 of the Metropolitan Train Company, CPTM).
*With information from Estadão Content
Posted by Fernando Dias