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12.08.2017 05:05:00
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Second Ordinary Tariff Revision of Sabesp - First Stage
SAO PAULO, Aug. 11, 2017 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), pursuant to the provisions of Article 157, Paragraph 4 of Law No. 6404/76 and the provisions of CVM Instruction No. 358/02, announces to its shareholders and to the market in general that, today, August 11, 2017, the Regulatory Agency for Sanitation and Energy of the State of São Paulo (ARSESP - Agência Reguladora de Saneamento e Energia do Estado de São Paulo) announced the opening of the Public Consultation no. 01/2017, referring to the initial stage of the Second Ordinary Tariff Revision (2nd OTR) of Sabesp, and released the Preliminary Technical Note NT/F/003/2017 with Preliminary Tariff P0 and Weighted Average Cost of Capital (WACC).
The main highlights are:
Initial Regulatory Asset Base | R$ 40.3 billions |
WACC | 8.01% |
Preliminary P0 | R$ 3.62652/m³ |
Tariff Repositioning Index | 4.365% |
The ARSESP notice is available on its website. The Technical Note is available on Sabesp's Investor Relations website, as well as on ARSESP's website.
SOURCE Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP
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