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CPFL Energia (former name: Companhia Paulista de Força e Luz) is the second largest non state-owned group of
In the Distribution segment the company has 13.0% of the market share, CPFL Energia heads the distribution segment through its eight distributors. All together, these distributors serve 569 municipalities, and in 2011 accounted for the distribution of electric energy to 18.0 million customers in the States of São Paulo, Rio Grande do Sul, Paraná and Minas Gerais.
In 2011, of particular note was the growth in sales within the distribution companies’ concession areas, which totaled 54,590 GWh, a 4.9% increase. Of this, 14,674 GWh were invoiced in the form of the Tariff for the Use of the Distribution System (TUSD). Sales to the captive market totaled 39,917 GWh, up 1.7%.
The company is also one of the largest Brazilian companies in the Generation segment 41 operating plants, 8 Power Plants (PPH), 33 Smal lHydro Power (SHP) and Thermoelectric which together represent an Installed capacity of 1672 MW, 831 average MW of assured energy and 2% market share.
In the Commercialization segment the company operates around the Brazil being leader in this sector with 21% market share with more than 10.500 GWh in sales of energy in Brazil.
CPFL Energia operates in the segment of Generation of renewable energy sources through CPFL Renováveis. It owns a 63.0% interest in CPFL Renováveis through CPFL Geração, with 35.5% and CPFL Brasil with 27.5%.
In January 2017, the Chinese government-owned
electric energy
Electrical energy is energy related to forces on electrically charged particles and the movement of electrically charged particles (often electrons in wires, but not always). This energy is supplied by the combination of electric current and electr ...
generation and distribution in Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
and the third biggest Brazilian electric utility company, after Eletrobras
Eletrobras (, full name: Centrais Elétricas Brasileiras S.A.) is a major Brazilian electric utilities company. The company's headquarters are located in Rio de Janeiro.
It is Latin America's biggest power utility company, tenth largest in the wo ...
and Energisa. The corporation is composed by CPFL Brasil, CPFL Piratininga, CPFL Paulista, CPFL Geração, CPFL Renováveis, Rio Grande Energia (RGE) and SEMESA. Each of these companies operates as a holding company that owns dozens of other companies. Its headquarters are located in Campinas
Campinas (, ''Plains'' or ''Meadows'') is a Brazilian municipality in São Paulo State, part of the country's Southeast Region. According to the 2020 estimate, the city's population is 1,213,792, making it the fourteenth most populous Brazilian ...
, the third largest city in state of São Paulo
State may refer to:
Arts, entertainment, and media Literature
* ''State Magazine'', a monthly magazine published by the U.S. Department of State
* ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States
* ''Our S ...
. In 2017, it was purchased by the Chinese utility State Grid Corporation of China
The State Grid Corporation of China (SGCC), commonly known as the State Grid, is a Chinese state-owned electric utility corporation. It is the largest utility company in the world, and as of 2022, the world's third largest company overall by re ...
, a state-owned enterprise under State-owned Assets Supervision and Administration Commission of the State Council
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of variou ...
.
Operating segments
CPFL Energia and its subsidiaries operates in the segments of generation, distribution and commercialization of electric energy and renewable energy, in addition the company in the segment of value-added services.
In the Distribution segment the company has 13.0% of the market share, CPFL Energia heads the distribution segment through its eight distributors. All together, these distributors serve 569 municipalities, and in 2011 accounted for the distribution of electric energy to 18.0 million customers in the States of São Paulo, Rio Grande do Sul, Paraná and Minas Gerais.
In 2011, of particular note was the growth in sales within the distribution companies’ concession areas, which totaled 54,590 GWh, a 4.9% increase. Of this, 14,674 GWh were invoiced in the form of the Tariff for the Use of the Distribution System (TUSD). Sales to the captive market totaled 39,917 GWh, up 1.7%.
The company is also one of the largest Brazilian companies in the Generation segment 41 operating plants, 8 Power Plants (PPH), 33 Smal lHydro Power (SHP) and Thermoelectric which together represent an Installed capacity of 1672 MW, 831 average MW of assured energy and 2% market share.
In the Commercialization segment the company operates around the Brazil being leader in this sector with 21% market share with more than 10.500 GWh in sales of energy in Brazil.
CPFL Energia operates in the segment of Generation of renewable energy sources through CPFL Renováveis. It owns a 63.0% interest in CPFL Renováveis through CPFL Geração, with 35.5% and CPFL Brasil with 27.5%.
In January 2017, the Chinese government-owned State Grid Corporation of China
The State Grid Corporation of China (SGCC), commonly known as the State Grid, is a Chinese state-owned electric utility corporation. It is the largest utility company in the world, and as of 2022, the world's third largest company overall by re ...
purchased a 54.64% interest in CPFL Energia and its subsidiary CPFL Energias Renovaveis SA for 17.36 billion reais ($5.68 billion). In November 2017, they purchased an additional interest (taking their ownership to 94.75%) for the equivalent of US$3.4 billion. In June 2019, China Grid, through a share offering, reduced its stake to 83.71%. Before the National Grid takeover, Camargo Corrêa Camargo may refer to:
Places
Bolivia:
* Camargo, Chuquisaca
Brazil:
* Camargo, Rio Grande do Sul
Mexico:
* Camargo, Chihuahua
* Camargo, Tamaulipas
Spain:
* Camargo, Cantabria
United States of America:
* Camargo, Illinois
* Camargo, Kentucky ...
and Bradespar
Bradespar is a Brazilian holding company headquartered in São Paulo. The company was formed in 2000 by Banco Bradesco in order to allow the bank to spin off some of its industrial investments. In 2005, the company began to hold large holdings in ...
were the largest shareholders of CPFL Energia.
See also
*Eletrobrás
Eletrobras (, full name: Centrais Elétricas Brasileiras S.A.) is a major Brazilian electric utilities company. The company's headquarters are located in Rio de Janeiro.
It is Latin America's biggest power utility company, tenth largest in the wo ...
* Eletropaulo
Enel Distribuição São Paulo ''(Enel Distribution São Paulo)'', former Eletropaulo Metropolitana and AES Eletropaulo, is a major Brazilian power distributor in the state of São Paulo, created in the breakup of the old state-owned power distrib ...
* Itaipu Binacional
The Itaipu Dam ( pt, Barragem de Itaipu , es, Represa de Itaipú ) is a hydroelectric dam on the Paraná River located on the border between Brazil and Paraguay. The construction of the dam was first contested by Argentina, but the negotiations ...
* Furnas
Furnas is a civil parish in the municipality of Povoação on the island of São Miguel in the Portuguese Azores. The population in 2011 was 1,439, in an area of 34.43 km2. The parish is one of the largest in the island and in the Azores. I ...
* Elektro
Elektro is the nickname of a robot built by the Westinghouse Electric Corporation in its Mansfield, Ohio facility between 1937 and 1938. Seven feet tall (2.1 m), weighing 265 pounds (120.2 kg), humanoid in appearance, he could walk by voice ...
References
External links
* {{DEFAULTSORT:CPFL Energia Companies listed on the New York Stock Exchange Companies listed on B3 (stock exchange) Electric power companies of Brazil São Carlos Companies based in Campinas Energy companies established in 1912 1912 establishments in Brazil Holding companies established in 1912