Smart Water Magazine 💧’s Post

🫗 Sabesp has agreed to purchase a majority stake in Emae - Empresa Metropolitana de Águas e Energia S.A for US$212 million. Sabesp will acquire 74.9% of EMAE's common shares and 66.8% of its preferred shares, strengthening its position in the water and energy sectors. This move, which still requires regulatory approval, aligns with Sabesp's expansion strategy following its privatization and aims to improve synergies between water security and energy generation. https://lnkd.in/e4FGXwKh #water #flooding #Brazil #Sabesp #Emae #energy #acquisitions #watersecurity

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