Rio Times · Chile
Key Facts
—What is for sale The state is weighing the sale of the residual stakes it kept in Chile’s big water utilities – roughly 5% each in Aguas Andinas, Essbio, Esval and Suralis, the utility formerly called Essal.
—Why 5% matters Those stakes were deliberately held back in 2011 to preserve a veto over transfers of water rights and concessions. Selling them sells the veto.
—Who holds them CORFO, the state development agency. It is a minority holder only; the utilities are privately controlled.
