MATERIAL FACT - Second Ordinary Tariff Revision of Sabesp
SAO PAOLO, May 19, 2017 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), pursuant to the provisions of Article 157, Paragraph 4 of Law No. 6.404/76 and the provisions of CVM Instruction No. 358/02, announces to its shareholders and to the market in general that today, May 19 2017, the Regulatory Agency for Sanitation and Energy of the State of São Paulo (ARSESP - Agência Reguladora de Saneamento e Energia do Estado de São Paulo), published the new timeline for the initial stage of Sabesp's Tariff Revision, as below:
| ARSESP Resolution No. 725 - INITIAL SCHEDULE OF THE 2ND TARIFF REVIEW OF SABESP |
|||
| Stage No. |
Description |
Start |
End |
| 5-A |
Receipt of Sabesp's additional data (ARSESP Resolution n°722/2017) |
May 12, 2017 |
Jun 12, 2017 |
| 5-B |
Analysis of Sabesp's additional data |
Jul 12, 2017 |
|
| 6 |
Development of the Initial Technical Note with Preliminary Tariff P0 and Average Weighted cost of Capital (WACC) |
Jul 28, 2017 |
|
| 7 |
Opening of the Public Consultation and Public Hearing - Preliminary Tariff P0 and WACC |
Jul 31, 2017 |
Aug 21, 2017 |
| 8 |
Analysis of the contributions received, development of the Final Technical Note and Detailed Report - Preliminary Tariff P0 and WACC |
Sep 13, 2017 |
|
| 9 |
Approval of the Final Technical Note, Detailed Report and Publication of the Resolution with Preliminary Tariff P0 |
Sep 15, 2017 |
|
The full text of Resolution No. 725 is found on ARSESP's and Sabesp's website.
The Company will keep the market informed of further developments regarding this material fact.
IR Contacts:
Mario Arruda Sampaio – +55 (11) 3388-8664 ([email protected])
Angela Beatriz Airoldi – +55 (11) 3388-8793 ([email protected])
SOURCE Sabesp
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