IDB Invest, Proparco support water and sanitation services in Brazil

IDB Invest has granted a long-term loan of up to BRL1.5 billion ($300 million) to concessionaires Aguas do Rio 1 and Aguas do Rio 4. Both special purpose entities (SPEs) are owned by the Aegea group, which was counselled on the loan by White & Case.The loan aims to strengthen water and...