Sabesp acquires 100% of Paulista Geradora de Energia

Sabesp obtained approval from the Administrative Council for Economic Defense (Cade) to acquire 100% of the capital of Paulista Geradora de Energia. This acquisition strengthens Sabesp's control over hydroelectric generation assets in São Paulo, particularly those linked to the Cantareira System. The operation is still subject to approval from the National Electric Energy Agency (Aneel). This move advances Sabesp's expansion strategy in the energy sector.

Counterparts (2)

Buyer

Sabesp

company · 2 deals

Sabesp is a Brazilian mixed-capital utility company, controlled by the State of São Paulo, providing water supply and sewage collection and treatment services to 375 municipalities in the state. It serves over 28 million people with water and 25 million with sewage collection, making it one of the largest sanitation companies globally.

Seller

P

Paulista Geradora de Energia

company · 1 deals

São Paulo-based energy transmission company operating 34 concessions and transmitting 30% of Brazil's energy, including 95% of São Paulo's electricity. Leader in Brazil's transmission sector with 1,700 employees and major greenfield projects.