SÃO PAULO, March 29,
2022 /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), of August 23,
2021, hereby informs its shareholders and the market in
general that the Executive Board of São Paulo State Public Services
Regulatory Agency (ARSESP - Agência Reguladora de Serviços
Públicos do Estado de São Paulo), at an extraordinary meeting
held on 03/28/2022, unanimously resolved to recognize the proven
economic and financial capacity of Sabesp pursuant to Federal Law
11,445/2007, amended by Federal Law 14,026/2020 and the Federal
Decree 10,710/2021.
The decision of the Agency's Executive Board is based on
Technical Note NT.F-0012-2022, which concluded, considering the
observations contained therein, by the effective proof of Sabesp's
economic capacity to achieve the goals of full coverage of public
water supply and sewage service by 2033, highlighting:
(i) Approval in the first stage of the
process of proving the economic and financial capacity (economic
and financial indicators), and of the second stage (feasibility
studies and the funding plan) for the municipalities
participating in the regionalized provision structure established
by State Law 17,383/2021 (Regional Unit for Drinking Water Supply
and Sewage Services URAE 1 - Southeast); and
(ii) Caveat to the documents of 06 municipalities (Agudos,
Hortolândia, Igarapava, Quintana, Laranjal Paulista and Santo
André) which did not formalize approval for the amendment related
to the adjustment/integration of contractual targets into the
respective contracts in force.
The extract of the Minutes of the meeting published in the São
Paulo State Official Gazette (Diário Oficial do Estado de São
Paulo) and the Technical Note NT.F-0012-2022 can be accessed at the
link below:
ARSESP's Documents
IR Contacts:
Mario
Arruda Sampaio – (55 11) 3388-8664
(maasampaio@sabesp.com.br)
Angela Beatriz Airoldi – (55 11)
3388-8793 (abairoldi@sabesp.com.br)
Juliana P. S. Jardim – (55 11)
3388-9267 (jpsjardim@sabesp.com.br)
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SOURCE Sabesp