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SABESP Announces its 2012/2015 Investment Plan -- SAO PAULO, April 5, 2012 /PRNewswire/ --
SABESP Announces its 2012/2015 Investment Plan
SAO PAULO, April 5, 2012 /PRNewswire/ -- Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (BM&FBovespa: SBSP3; NYSE: [ SBS ]), one of the largest water and sewage service provider in the world based on the number of customers, announces to the market and investors in general its 2012/2015 investment plan, amounting to R$7.9 billion. This plan aims at complying with the Company's priority programs.
Investment Plan (R$ million) | ||||||
2012 | 2013 | 2014 | 2015 | Total | ||
Water supply | 745.9 | 599.2 | 607.2 | 579.6 | 2,531.9 | |
Sewage collection | 926.7 | 991.4 | 845.9 | 368.2 | 3,132.0 | |
Collected sewage treatment | 336.5 | 395.4 | 504.9 | 988.2 | 2,225.0 | |
Total | 2,009.1 | 1,986.0 | 1,958.0 | 1,936.0 | 7,889.1 | |
The investments aim at achieving the Corporate Targets of water supply (keep the universal access to services), sewage collection (increase collection from 82% to 85%) and collected sewage treatment (increase from 76% to 83%)
IR Contacts:
Mario Arruda Sampaio: (55 11) 3388-8664 ([ maasampaio@sabesp.com.br ])
Angela Beatriz Airoldi: (55 11) 3388-8793 ([ abairoldi@sabesp.com.br ])
SOURCE SABESP
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