INSUBCONTINENT EXCLUSIVE:
operating in Teresina, secured the contract with a minimal 1% tariff discount and the minimum R$ 1 billion ($178.57 million) outright
grant.The project aims to invest R$ 8.6 billion ($1.54 billion) over 35 years, covering 222 municipalities
An August auction attempt failed, prompting the government to adjust payment terms
Despite these efforts, only Aegea participated, suggesting deeper issues beyond financial terms.Experts point to recent events that may have
eroded investor confidence
deterred potential bidders in the water and sewage auction
Investors typically seek stable environments for long-term infrastructure projects.Aegea now faces significant challenges
and sewage networks in a state with low population density and many social tariff users.Experts suggest the single-bidder outcome indicates
a tight economic balance in the contract
must focus on expanding its revenue base through strategic tariff management
Rebuilding investor confidence may prove crucial for future development projects in the region.