01
Executive overview
Key findings
R$70 billion: investment planned for 2024–2029 (estimate made at privatisation)
R$15.2 billion: capital expenditure recorded in 2025; about R$20 billion guided for 2026, and R$7,458 million invested in the first half
R$39 billion to R$40.5 billion: contracted investment portfolio, as reported in April 2026 and September 2026 respectively
R$34.2 billion: consolidated net debt at 30 June 2026, against about R$23 billion a year earlier
02
Buyer relevance
Who the report is for
Pipe, pump and network material suppliers
Identify the consortia holding Lots 1, 6, 08 and 18 and their network scopes, such as more than 900 km in Lot 18, as purchasing targets.
Civil and specialist subcontractors
Time approaches to the June 2027 peak of about 3,200 works and to the informal and rural areas where sewage units are at 71.39% of target.
Treatment equipment and process control vendors
Use the dated milestones for ETE Perus, the IntegraTietê siphon and the ETE ABC expansion, including R$250 million of aeration-optimisation tools.
Business development teams at engineering firms
See the executive roles closest to works and projects and how municipal priorities set the order of works in the Vale do Ribeira region.
03
Decision scope
Questions answered
How much is SABESP spending?
It recorded R$15.2 billion of capital expenditure in 2025, guided about R$20 billion for 2026 and invested R$7,458 million in the first half of 2026.
Who holds the universalisation works?
Lot 1 is held by Azevedo & Travassos (60%) and CBS (40%) at R$595.8 million; other lots are held by Concrejato with Sahen and by consortia led or co-led by AF SW Saneamento.
Can a new supplier sell directly to SABESP?
For most works-related categories the buyer is the lot consortium; SABESP's supplier page gives no registration steps, thresholds or portal details.
How is the programme funded?
Consolidated net debt was R$34.2 billion at 30 June 2026, and in February 2026 SABESP issued R$6,292.1 million of debentures and US$850.0 million and US$500.0 million of blue bonds.
04
Inside the report
Inside the complete report
1. The Account at a Glance
2. Organisation and Decision-Making
3. Financial Position
4. Priorities and Pressures
5. How SABESP Buys
6. Opportunity Register
7. Commercial Priorities: Where to Focus First
8. Watch List: What to Monitor and What to Do
Source Register
05
Public preview
What to watch next
Third-quarter 2026 results
Show whether second-half investment is rising towards the R$20 billion guidance.
New lot awards and consortium announcements
Each award names the buyers of materials and subcontracts for multi-year terms, such as Lot 1's 900 days.
Tariff adjustment for January 2027
Sets revenue for the year of peak works.
Net debt and ratings
Borrowing funds the programme; net debt rose about R$11.2 billion (calculated) in a year.
The Opportunity Register lists each programme with its status, stage, existing contractors, supplier categories and route in.
06
Included
What you receive
The complete PDF report: 11 pages, 9 sections, 6 tables and a register of 26 sources.
This edition
October 2026, First edition.
07
Evidence & method
Evidence and method
The brief draws on SABESP's FY 2025 annual report and June 2026 interim financial statements, its investor relations pages on governance, ratings and universalisation, and ARSESP tariff deliberations. Contractor and project status comes from contractor announcements, URAE-1 committee minutes and dated trade, press and government reports checked on 30 October 2026.
Sources
26 sources, listed in the report's source register. Evidence current to 30 October 2026. Principal data periods: FY 2025 annual report (year ended 31 December 2025); first-half 2026 interim results (six months to 30 June 2026); tariffs in force from 1 January 2026. Project and procurement status checked against public sources on 30 October 2026. All currency is Brazilian reais (R$) unless marked US$..
08
Lead analyst
Robert C. Brears
Founder, Our Future Water Intelligence
Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.
- Decision-focused utility intelligence
- Published water-policy author
- Evidence-grounded system analysis
09
Buyer FAQs
Before you purchase
Who can use the report?
Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.
How is the report delivered?
The PDF is available to download immediately after confirmed payment, through our secure delivery system.
Can my organization buy wider access?
Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.
10
SABESP: Utility Account Brief
- Format
- Length
- 11 pages
- Edition
- October 2026, First edition
- Price
- USD 499
11
Report details
Publication details
- Publisher
- Our Future Water Intelligence
- Report family
- Utility Account Brief
- Edition
- October 2026, First edition
- Format
- Length
- 11 pages
- Reference
- OFW_EXT_SABESP_UTILITY_ACCOUNT_BRIEF_8fdf7e7afe9e
- Evidence current to
- 30 October 2026
14
Explore this report family
More Utility Account Briefs
Explore the same report family covering other utilities.
Berliner Wasserbetriebe: Utility Account Brief
- Geography
- Berliner Wasserbetriebe
- Edition
- October 2026, First edition
- Length
- 12 pages
Department of Energy, Abu Dhabi Emirate: Utility Account Brief
- Geography
- Department of Energy, Abu Dhabi Emirate
- Edition
- October 2026, First edition
- Length
- 12 pages
Utility Account Brief
Denver Water: Utility Account Brief
- Geography
- Denver, United States
- Edition
- October 2026
- Length
- 10 pages