By Brazil Stock Guide- IG4 BTG Pactual Health Infra, backed by BTG Pactual (BPAC11), won a public-private partnership (PPP) auction on Monday (30) to provide non-educational services for state schools in Minas Gerais.
The 25-year contract covers 95 schools and includes services such as renovation, maintenance and conservation of facilities.
The winning bid set a monthly payment of R$22.35 million, representing a 14.17% discount to the ceiling established in the tender. Total investments are estimated at R$5.1 billion over the life of the contract.