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GIC-backed Aegea wins $100 mln sanitation auction in Brazil

SAO PAULO, Oct 20 (Reuters) - Brazilian sanitation company Aegea, which has Singapore's state investor GIC as an investor, won an auction to operate water and sewage services in the city of Cariacica, in the state of Espirito Santo.

Aegea must invest 580 million reais in the sanitation project over the next 30 years, according to the concession rules.

The company offered the lowest fee among its six competitors to provide the services for 423,000 people. (Reporting by Alberto Alerigi, writing by Carolina Mandl; Editing by David Gregorio)