Equatorial mulls bidding in basic sanitation auction

Power company Equatorial Energia mulls expanding operations to the sanitation industry and could submit a bid in the privatization auction of Companhia de Saneamento de Alagoas (Casal), scheduled to take place later this year. The intention to potentially launch a new business arm was confirmed Tuesday by CEO Augusto Miranda during an earnings conference call. "Basic sanitation is a naturally attractive segment. We are looking at it," he said, mentioning that the company is always studying opportunities for growth. The...

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