2008 - 2009 - Pinsent Masons Water Yearbook 2012 - 2013

SPAIN
PART 3(i): COMPANY ANALYSIS MAJOR PLAYERS – AGUAS DE BARCELONA
Uruguay
Agbar acquired 60% of Aguas de la Costa at the end of 1997. The company sold this stake back to
the Government’s OSE in 2006 for USD3.4million, part of which was in turn acquired by two local
companies STA Ingenieros (30%) and Benencio SA (10%).
Brazil
Agbar gained the concession to operate water and wastewater services for Campo Grande in 2001. In
2005, Agbar sold its 50% stake in Aguas Guariroba to a consortium formed by Bertin and Equipav
(See company entry for Grupo Equipav SA), who also acquired 31% from Copel. Aguas sold its stake
for BRL57million.
Colombia
1995 Cartagena 25 year concession 895,000 water & sewerage
Aguas de Cartanega SA ESP has been profitable since its onset. 44.8% of its shares are held by
Agbar, 50% by Distrito Turistico y Cultura de Cartagena and 5.1% by local shareholders. Agbar’s
stake cost COP280million. In 2007 water coverage was 100% against 73% in 1995, with sewerage
coverage at 82% against 61%. The aim is for 95% water coverage by the end of 2008. Water services
have been provided to 350,000 people since the concession started (93% urban poor) and sewerage
services to 240,000 (90% urban poor). Aguas de Cartagena has 132,000 water customers and
102,000 sewerage customers. In 2006, Agbar agreed to continue running the concession after
consultations with the city. During 2005, net profits eased by 8.9% to COP7.77billion, with a 6.0%
increase in revenues to COP96.3billion.
Cuba
Interagua formed Aguas de La Habana, a JV with the Cuban Government in 1999, for two water
management contracts currently serving 1,200,000 people, with an eventual coverage of 1,400,000
people. The contract serves La Havana and Varadero. Water supply systems were renovated for
298,000 people in 2001-02. In February 2000, Interagua was awarded a 25 year water management
contract for Havana.
Service development in Varadero and Havana
Varadero 1994 2006
Population covered 95% 100%
Hours service/day 18 24
Number of connections 5,000 11,000
Havana 2000 2006
Population covered 95% 100%
Hours service/day 8 10
Number of connections 327,000 365,000
Source: Presentation by José María Tura, General Manager of Aguas de La Habana to Agbar
conference “Five international examples of environmental management in the service of the citizens”
on 19th June 2007.
Mexico
2001 Saltillo 25 year concession 711,188 water & sewerage
Agbar has gained 49% of Empresa Paramunicipal, the company responsible for the management of
the drinking water supply and sewerage services in the city of Saltillo, in the state of Coahuila situated
in northern Mexico. The remaining 51% is to be held by Sistema Municipal de Aguas de Saltillo
(SIMAS). The city of Saltillo was founded in 1577. In 2004, water was supplied to the entire population
(146,245 customers), with 92% served by sewerage. During 2005, the sewerage network will be
completed. Turnover was EUR21million in 2001. EUR81.9million is to be invested during the contract.
7,000 customers were gained during 2007.
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Pinsent Masons Water Yearbook 2008-2009