Companhia Riograndense de Saneamento (Corsan), one of the most important state water and sewage companies in the country, followed the movement initiated by Sabesp (SP) and Copasa (MG): it decided to leave the association of state-owned companies in the sector and join the entity that brings together private concessionaires.
Corsan’s decision was motivated by the two decrees signed by President Luiz Inácio Lula da Silva (PT), on Thursday (6), which make the Legal Framework for Basic Sanitation in force since 2020.
The decrees once again allow direct contracts between municipalities and state-owned companies, without bidding, and give a new chance to companies that missed the deadline to prove their economic and financial capacity to make the necessary investments for the universalization of services by 2033.
In reaction to the acts, Sabesp and Copasa decided to leave the Brazilian Association of State Sanitation Companies (Aesbe), which was the main advocate of the changes with the government.
Corsan joined the movement, announced its departure from Aesbe and informed that it will apply for entry into the Brazilian Association of Private Concessionaires of Public Water and Sewage Services (Abcon).
Behind the scenes, it is said that Sanepar (PR) may also follow the same steps. The company from Paraná is publicly traded on B3.
In December, Corsan was privatized and the Aegea group won the auction for BRL 4.15 billion.
The control transfer agreement, however, has not yet been signed due to judicial injunctions.
Source: CNN Brasil
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