Minas Gerais sanitation company, listed on B3 as CSMG3 and privatized in 2026.
Last 90 days
On September 29, 2026 Copasa got a new CEO from Equatorial, and the Minas Gerais government golden share was approved.
Updated November 10, 2026 · 2 verified articles
Market transmission
The stock responds to tariff regulation, the investment plan and governance after privatization.
Explanatory mechanism, not a forecast or recommendation.Copasa posted net income of R$ 335.7 million in the third quarter of 2026, down 7% in a year, and adjusted Ebitda of R$ 828.4 million, up 14%, according to CNN Brasil and Money Times.
Copasa, the Minas Gerais sanitation company privatized in 2026, will be led by Augusto Dantas, an executive from Equatorial, which bought 30% of the company for about R$ 5.6 billion, according to NeoFeed and Exame on September 29. Shareholders approved the state government golden share, which gives the state the right to elect one board member and one fiscal council member.