$1.08 Billion Project to develop the public water and sewage network of the state of Alagoas

Felsberg Advogados advised BNDES in the completion of the 5th stage of the project

This stage regards to the legal modelling, draft of the edict, draft of the law and associated management instruments of the project via PPI – investment partnership program.

Alagoas is one of the poorest states of Brazil, only 15% of its municipalities has a sanitation network.

BNDES is a federal public company associated with the Ministry of Development, Industry, and Trade of Brazil. The stated goal is to provide long-term financing for endeavors that contribute to the country’s development. The bank is the world’s 2nd largest development bank.

Felsberg Advogados advised with a team including Rodrigo Bertoccelli (Picture), Luis Menezes and Felipe Lourenço.

Involved fees earner: Rodrigo de Pinho Bertoccelli – Felsberg Advogados; Felipe César Lourenço – Felsberg Advogados; Luis Antonio Menezes da Silva – Felsberg Advogados;

Law Firms: Felsberg Advogados;

Clients: Banco Nacional de Desenvolvimento Econômico e Social;

Author: Ambrogio Visconti.