Brazilian Utility Pumps $330M Into Water Infrastructure

Law360, New York (April 5, 2013, 6:16 PM EDT) -- Brazil's largest water and waste treatment utility, Cia. De Saneamento do Parana, or Sanepar, said Wednesday that it planned to inject 658.6 million reais, or about $330 million, into the county's water system to support 25 different water infrastructure projects across the country.

The country's Ministry of Cities selected the 25 projects to receive funding from its PAC 2 Growth Acceleration Program, which aims to meet Brazil's growing water needs with new dams and other infrastructure over the next three years.

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