📋 Tender Overview
COMPANY NAME
CORSAN
PROJECT NUMBER
15144-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S CATEGORY tooltip
B
COUNTRY
Brazil
SECTOR
Water and Sanitation
STATUS
Proposed
DISCLOSED DATE
08/28/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
09/30/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
AEGEA
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Infrastructure and Energy Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 152,004,000
CURRENCY
BRL
Project scope and objective
The transaction consists of a corporate loan to Corsan to finance its water loss reduction program in 317 municipalities of Rio Grande do Sul state in Brazil. The objective of the transaction is to increase operational efficiency by reducing water losses from 42.8% to 30% by 2033. The Water Loss Reduction Program for 5 years (2025 – 2030) has a total capex of BRL 1.87 billion, to be financed by IDB Invest through the BRL 825 million long-term financing and operational cash generation.
