Brazilian Bakery Pudding with Caramel Sauce

Heat sugar in a saucepan over medium heat.

Let it melt.

Add water and cook until the syrup thickens.

Pour the caramel into a pudding mold, coating the bottom and sides completely, and set aside.

Blend all pudding ingredients in a blender for about 5 minutes on high speed.

Pour the batter into the caramelized mold.

Bake in a water bath in the oven for about 1 hour, or until a toothpick inserted comes out clean.

Remove from oven and let cool until warm before unmolding.

Refrigerate until ready to serve.