SABESP - Material Fact - Capex Plan 2022-2026

Rhea-AI Summary

Sabesp's Board of Directors has approved a Capex Plan of R$ 23.8 billion for the period 2022 to 2026. This plan focuses on enhancing water supply, sewage collection, and treatment services across São Paulo. Key allocations include R$ 9.88 billion for water supply, R$ 10.63 billion for sewage collection, and R$ 3.33 billion for sewage treatment. The investment aims to improve infrastructure and service quality, bolstering Sabesp's operational capacity for the coming years.

Positive

• Approval of Capex Plan worth R$ 23.8 billion from 2022 to 2026.
• Significant investments in water supply (R$ 9.88 billion) and sewage management (R$ 10.63 billion).
• Focus on enhancing infrastructure and service quality to meet regional demands.

Negative

• None.

SÃO PAULO, Dec. 30, 2021 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), in compliance with Resolution 44 of the Brazilian Securities and Exchange Commission (CVM - Comissão de Valores Mobiliários), of August 23, 2021, hereby informs its shareholders and the market in general that, on a meeting held at this date, the Board of Directors approved the Capex Plan for the period 2022 to 2026, in the amount of R$ 23.8 billion.

Capex Plan (R$ million)
(Constant values at December 2021 prices)

	2022	2023	2024	2025	2026	Total
Water supply	2,209	2,026	1,853	1,926	1,869	9,883
Sewage collection	1,869	1,989	2,005	2,534	2,235	10,632
Sewage treatment	616	558	668	624	864	3,330
Total	4,694	4,573	4,526	5,084	4,968	23,845

IR Contacts:
Mario Arruda Sampaio – (55 11) 3388-8664 (maasampaio@sabesp.com.br)
Angela Beatriz Airoldi – (55 11) 3388-8793 (abairoldi@sabesp.com.br)

View original content:https://www.prnewswire.com/news-releases/sabesp--material-fact---capex-plan-2022-2026-301452120.html

SOURCE Sabesp

FAQ

What is Sabesp's Capex Plan for 2022 to 2026?

Sabesp approved a Capex Plan amounting to R$ 23.8 billion for 2022-2026, focusing on water supply, sewage collection, and treatment.

How much is allocated for water supply in Sabesp's Capex Plan?

The allocation for water supply in Sabesp's Capex Plan is R$ 9.88 billion.

What is the total amount invested in sewage management by Sabesp?

Sabesp plans to invest R$ 10.63 billion in sewage collection and R$ 3.33 billion in sewage treatment from 2022 to 2026.

When was the Capex Plan approved by Sabesp's Board of Directors?

The Capex Plan was approved on December 30, 2021.