Brazil

255 articles in Brazil

INVESTOR-OWNED Vol 19, Issue 8 (August 2018)

  • The saga of the SJW-Connecticut Water merger continues. Just as SJW came in with a $70-a-share offer...
  • Suez is raising $601 million by selling a 20% stake in...
  • Also investing for a minority share this month is Canadian infrastructure investor AIMCo, which has agreed to take a 31% stake in...

Iguá Saneamento gets Canadian equity boost Vol 19, Issue 8 (August 2018)

The Brazilian water concessionaire is the latest to attract a foreign shareholder, as the market anticipates greater opportunities for private investment following this autumn’s elections. What can new minority equity-holder AIMCo bring to the table?

Brazilian water sector revolution hits the electoral buffers Vol 19, Issue 5 (May 2018)

GWI examines why the push for increased private sector participation in the Brazilian water sector has failed to meet expectations.

Americas in brief Vol 19, Issue 5 (May 2018)

Rexnord has announced that it is selling its VAG valves unit, and discussions are understood to be underway with a number of interested parties. VAG generated $215 million of sales in 2017.

Aegea hits the big time with Manaus deal Vol 19, Issue 3 (March 2018)

With elections looming in Brazil, greenfield expansion opportunities in water service provision are few and far between. Aegea Saneamento’s latest bid to join the big league will see it acquire a former Suez concession with a colourful history.

Smaller PPPlans Vol 19, Issue 2 (February 2018)

  • Ofwat’s proposed reduction in the allowable cost of capital for water companies in England and Wales in 2020-2025 could slash their revenues by more than £...
  • The Brazilian federal government’s efforts to boost private sector involvement in state water companies have lost momentum after...

Americas water in brief Vol 19, Issue 2 (February 2018)

Granite Construction has agreed to acquire Nasdaq-listed Layne Christensen for $565 million, equivalent to an EBITDA/EV multiple of 8.2x. The deal furthers Granite’s penetration into the water sector following the 2013 acquisition of tunnelling specialist Kenny Construction.

Brazil’s water sector reform hits turbulence Vol 19, Issue 2 (February 2018)

Several states have pulled out of the privatisation process amid significant push-back to the government’s proposed water reforms.

Americas water in brief Vol 19, Issue 1 (January 2018)

As GWI went to press, the Sierra snowpack in California stood at 22% of normal for the time of year, equivalent to 11% of the 1st April average. On the same day last year, the snowpack stood at 154% of normal.

Brazil rally continues as elections approach Vol 19, Issue 1 (January 2018)

The three listed Brazilian water utilities had another decent year on the stock exchange in 2017. With elections looming, what is the outlook for 2018?