Sanepar

What Sanepar does

Sanepar (Companhia de Saneamento do Paraná) is the state-owned water and sanitation utility of Paraná, Brazil, founded in 1963 and majority-controlled by the State of Paraná (60.08% of voting capital). The company operates under B3 Level 2 Corporate Governance (tickers SAPR3, SAPR4, SAPR11) and is regulated by AGEPAR, delivering treated water supply and sewage collection/treatment across municipalities in Paraná through direct concessions and a growing PPP network. Its core service territory is anchored by the SAIC (Integrated Water Supply System), which serves the Curitiba metropolitan area at 83.78% capacity, sourced from the Iraí, Passaúna, Piraquara I, and Piraquara II reservoirs.

Sanepar's technology stack combines conventional water/sewage treatment infrastructure with a notable proprietary R&D initiative: 3D-printed gyroid biocarriers (PLA/ABS/PP polymers) deployed in Moving Bed Biofilm Reactors (MBBRs) at the Mandacaru pilot plant in Maringá, achieving 87% BOD, 87% ammonia, 97% nitrate, and 96% suspended solids removal. Customer-facing operations run through the Minha Sanepar digital ecosystem — a web portal, iOS/Android apps, WhatsApp Business channel, Gov.br SSO, SOPAGUE-integrated payment portal, Digital Bill, tariff simulator, and ombudsman (Canal Íntegro) — supported by real-time reservoir data from INFOHIDRO/SIMEPAR.

The business model is regulated and subscription-based. Tariffs are set under Brazil's incentive-based regulation (Parcel A non-manageable costs / Parcel B manageable costs), adjusted via Periodic Tariff Review, Extraordinary Tariff Review, and the Tariff Adjustment Index, with a Social Tariff for low-income customers. Revenue is diversified across residential, commercial, and industrial customers plus municipal government contracts; the Municipality of Curitiba alone represents ~22.3% of revenue. The company monetizes sewage operations through PPPs with Acciona (West Lot 1, 48 municipalities), Iguá Saneamento (West Lot 2, 28 municipalities), and Saneamento Consultoria (Central-Coastal 16 and Central-East 36 municipalities) — Sanepar retains billing and customer service while private partners handle sewage construction and operations. Strategic adjacencies include the Sanebio biosolids program, industrial water reuse via the Hub de Novos Negócios (Resolution 758/2024-CA), organic waste treatment at ETE Belém, and a 2026 MoU with UK-based Firefly to convert biosolids into sustainable aviation fuel feedstock. FY2025 revenue was BRL 7.206 billion (+5.2% YoY) with a 41.1% EBITDA margin and BRL 2.080 billion net profit (+34.6% YoY), supported by a US$2.2 billion five-year investment plan and BRL 2.6 billion 2026 CapEx targeting 100% sewage universalization by 2029.

Name

Sanepar

Legal name

Companhia de Saneamento do Paraná

Website

https://sanepar.com.br

Company type

Public

Founded year

1963

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Sanepar is the state-owned water and sanitation utility of Paraná, Brazil, providing treated water supply, sewage collection and treatment, and circular-economy services to municipalities across Paraná via direct concessions and PPPs, regulated by AGEPAR under B3 Level 2 governance.

Ownership category

akta.pro rank

Product category

Municipal Water and Sanitation Services

NAICS

Water Supply and Irrigation Systems (221310), Sewage Treatment Facilities (221320)

SIC

Water Supply (4941)

akta.pro primary industry

Decentralized/Package Wastewater Systems (Small/Remote) (EUANADAE)

Keywords

• Water supply services
• Sewage treatment
• Wastewater management
• Water utility services
• Municipal sanitation

Headquarters

HQ city

Rebouças

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Water Supply Services: Revenue from treating and distributing water to residential, commercial, and industrial customers across municipalities in Paraná. Tariffs calculated under incentive-based regulation with periodic tariff reviews.
2. Sewage Collection and Treatment: Revenue from sewage collection and treatment services. Under PPP model, private partners receive consideration payments based on measured water volume, construction targets, and service quality, while Sanepar retains billing and commercial operations.
3. Industrial Water Reuse: Strategic business development for industrial water reuse and sanitation services under the Hub de Novos Negócios initiative.
4. Organic Waste Treatment: Services for receiving, treating, and disposing organic waste at sewage treatment plants, including biosolids for agricultural use.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Sanepar provides treated water supply, sewage collection and treatment, and solid waste management services to residential, commercial, and industrial customers across municipalities in the state of Paraná, Brazil. The company operates an extensive infrastructure network including reservoirs (Iraí, Captação Passaúna, Piraquara I, Piraquara II) and treatment plants, delivering services through municipal concessions regulated by AGEPAR. Additional offerings include industrial water reuse, biosolids valorization (Sanebio), organic waste treatment, and digital customer service platforms (Minha Sanepar portal and mobile app).

Product overview

Sanepar (Companhia de Saneamento do Paraná) is a Brazilian state-level water and sanitation utility serving municipalities across Paraná state. Its product portfolio centers on two core regulated services — treated water supply and sewage collection/treatment — delivered through a combination of direct operations and Public-Private Partnerships (PPPs). On the consumer-facing side, Sanepar offers a digital services ecosystem comprising the Minha Sanepar customer portal and mobile app (for account management, digital billing, and service requests), the Sanepar Payments Portal (credit card bill payment via SOPAGUE), a tariff simulator, and an ombudsman channel. The company also operates a Business Innovation Hub (Hub de Novos Negócios) under Resolution nº 758/2024-CA that seeks strategic partnerships in water reuse, biosolids (Sanebio), organic waste treatment, and other circular economy initiatives. Infrastructure expansion is driven by a five-year, US$2.2 billion investment plan including the Sainp project and a 2026 CapEx budget of BRL 2.6 billion, with a stated target of 100% sewage service universalization by 2029.

Differentiator

Problem solved

Functional benefit

Brands

• Sanepar Ambiental: Environmental division of Sanepar focused on sustainability initiatives, including the Reservatório Miringuava and environmental visitation sites.
• Sanepar Transparente
• Minha Sanepar

Products and services

• Water Supply Service Core water treatment and distribution service delivering treated water to residential, commercial, and industrial customers across municipalities in Paraná state, covering water treatment, transmission, and distribution network management.
• Sewage Collection and Treatment Service Sewage collection, treatment, and disposal service across the state of Paraná, including wastewater treatment plant (ETE) operations, sewage sludge management, and treated effluent monitoring.
• Water Reuse and Industrial Sanitation Service for industrial customers providing water reuse and industrial sanitation solutions, targeting industrial water recycling opportunities under public call credentialing.
• Sanebio (Biosolids Valorization) Biosolids management program transforming sewage sludge into agricultural fertilizer (biossólido), operating under a credentialing model for agricultural valorization of treated sludge.
• Organic Waste Treatment and Disposal Service Service for receiving, treating, and disposing of organic waste at Sanepar's sewage treatment plant (ETE Belém), positioning the company's infrastructure for circular economy applications.
• Hub de Novos Negócios (Innovation and New Business Hub) Strategic initiative led by the Diretoria de Inovação e Novos Negócios to identify, develop, and implement strategic partnerships that optimize resources and create shared value in water reuse, biosolids, and circular economy initiatives.
• Public-Private Partnerships (PPPs) in Sewage Services PPP model for sewage service expansion across three microregions of Paraná state: Central-Coastal (16 municipalities), Central-East (36 municipalities), West Lot 1 (48 municipalities with Acciona), and West Lot 2 (28 municipalities with Iguá Saneamento).

Quantifiable outcome

• 87% BOD removal, 87% ammonia removal, 97% nitrate removal, 96% suspended solids removal with 3D-printed PP gyroid biocarriers
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• SAINP Project PartnerscoreStrategic or Co-development Partner · 18 June 2026Sanepar board authorized implementation of SAINP project under built-to-suit structure as part of US$2.2 billion five-year investment strategy. The project involves strategic partnerships for large-scale water infrastructure development.
• FireflyminorStrategic or Co-development Partner · 1 January 2024UK-based start-up Firefly has signed a memorandum of understanding (MoU) with Sanepar for expansion into Brazil. Firefly developed a process using hydrothermal liquefaction to convert sewage biosolids into biocrude for sustainable aviation fuel. Sanepar would provide sewage biosolids as feedstock for Firefly's SAF production process.
• AccionacoreChannel Partner/ Reseller/ DistributorAcciona won the PPP bidding for West Microregion (Lot 1) covering 48 municipalities in Paraná. Under the PPP model, Acciona handles sewage operations including construction, operation, and maintenance, while Sanepar retains water operations, billing, and customer service.
• Iguá SaneamentocoreChannel Partner/ Reseller/ DistributorIguá Saneamento won the PPP bidding for West Microregion (Lot 2) covering 28 municipalities in Paraná. Private partner compensated through consideration payments calculated based on measured water volume, price offered in bidding, construction targets, and service quality.
• Saneamento ConsultoriacoreChannel Partner/ Reseller/ DistributorSaneamento Consultoria won PPP biddings for Central-Coastal Microregion (16 municipalities) and Central-East Microregion (36 municipalities) in Paraná. The company assumes sewage operations while Sanepar continues operating water systems and handling commercial services.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Sabesp: Companhia de Saneamento Básico do Estado de São Paulo is Brazil's largest state-level water and sewage utility, directly comparable to Sanepar in regulatory model, service portfolio, and concession-based operations. Both serve as anchor state utilities under AGEPAR/ARSESP-equivalent regulatory frameworks.
• Copasa: Companhia de Saneamento de Minas Gerais is a state-level water and sewage utility serving Minas Gerais with a comparable concession model, regulated tariff structure, and PPP exposure. Closest Brazilian peer by business model, geography, and scale.
• Embasa: Empresa Baiana de Águas e Saneamento is the state water and sewage utility of Bahia, Brazil. Comparable to Sanepar in state-owned utility model, regulated tariffs, and municipal concession structure.
• Iguá Saneamento: Private Brazilian water utility and active Sanepar PPP partner (West Lot 2, 28 municipalities). Directly comparable in sewage treatment operations and concession economics, though smaller and privately held.
• BRK Ambiental: One of the largest private water and sewage operators in Brazil, serving millions of customers across multiple states. Comparable in service mix and PPP/concession model, with a similar focus on universalization targets.
• Aegea Saneamento: Brazil's largest private water and sanitation operator, holding concessions across multiple states. Comparable to Sanepar in service offering (water + sewage) and PPP execution, though operating under a private rather than state-owned model.
• Acciona Agua: Global water treatment infrastructure arm of Acciona, active Sanepar PPP partner (West Lot 1, 48 municipalities). Comparable in wastewater treatment technology and PPP execution, with broader international footprint.

Broad incumbents

• Suez Water Technologies & Solutions: Global water treatment and waste management operator with presence in Brazil. Comparable in water reuse and industrial wastewater treatment, but as a global incumbent rather than a regional state utility.
• Veolia Water Technologies: Global water and waste management major with operations across Brazil. Comparable in wastewater treatment services and industrial water reuse, but operates as a private technology/services provider rather than a regulated utility.
• Cosan: Brazilian infrastructure and energy holding with significant sanitation interests (Raízen, Rumo). Comparable as a publicly listed Brazilian infrastructure player with regulated-utility-style cash flows, though diversified beyond water.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sanepar_pr

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sanepar