Equatorial Leans Against Bidding on Copasa Privatization The news that Equatorial SA is unlikely to bid on a key stake in Copasa, Brazil's water utility being privatized by the Minas Gerais government, has sparked speculation about potential winners and losers.
Beneath this surface level drama, however, lies a more complex story of deeper currents at play in Brazil's energy and infrastructure landscape.
A Privatization Paradox Brazil's privatization efforts have been marked by controversy and mixed results. On one hand, selling off state owned enterprises can bring much needed capital and expertise to ailing sectors.