Edition:
United States

CPFL Energia SA (CPFE3.SA)

CPFE3.SA on Sao Paolo Stock Exchange

22.65BRL
3:54pm EDT
Change (% chg)

R$ -0.13 (-0.57%)
Prev Close
R$ 22.78
Open
R$ 22.78
Day's High
R$ 22.88
Day's Low
R$ 22.53
Volume
567,500
Avg. Vol
2,020,129
52-wk High
R$ 23.20
52-wk Low
R$ 13.45

Latest Key Developments (Source: Significant Developments)

AES announces agreement to sell AES Sul in Brazil
Thursday, 16 Jun 2016 07:00am EDT 

AES Corp : AES announces agreement to sell AES Sul in Brazil . Entered into an agreement to sell its 100% equity interest in AES Sul, one of its utilities in brazil, to CPFL Energia S.A . Deal for BRL1,698 million (equivalent to $464 million at expected BRL/USD conversion rate of 3.66 at time of closing) . Sale was previously included in company's 2016 guidance and 2017-2018 expectations .Transaction will remove a total of $335 million in non-recourse debt on AES' balance sheet as of March 31, 2016.  Full Article

Cpfl Energia SA to propose dividend payment and capital increase, distributing new shares as bonus
Monday, 21 Mar 2016 10:16am EDT 

Cpfl Energia SA:Says its board of directors will propose dividend payment, related to the fiscal year 2015, in the total amount of 205.4 million Brazilian reais, corresponding to 0.2069 real per share.Says dividend payment date to be defined during FY 2016.Says dividend record date is April 29.Says shares to be traded ex-dividend as of May 2.Says will propose capital increase of 393.0 million Brazilian reais, by issuing 24.9 million common shares without par value.Says will propose to attribute to shareholders, free of charge, a bonus of 0,0251 new share per each share held with a record date of April 29.Says shares will be traded without right of bonus as of May 2.Says bonus shares will be attributed to shareholders on May 5.  Full Article

Cpfl Energia SA included on IBrX-50 index
Monday, 4 Jan 2016 02:50pm EST 

Cpfl Energia SA:Says Sao Paulo Stock Exchanges' Indice Brasil 50 - IBrX-50 has included the company on its index list effective Jan. 4.  Full Article

Standard and Poor's reaffirms Cpfl Energia SA rating
Tuesday, 18 Aug 2015 04:25pm EDT 

Cpfl Energia SA:Standard & Poor’s Ratings Services reaffirms the company at brAA+ and its subsidiaries.Outlook is stable.  Full Article

Cpfl Energia SA announces capital increase
Thursday, 30 Apr 2015 08:17am EDT 

Cpfl Energia SA:Says that it has approved a capital increase of 554.9 million Brazilian reais, to 5.35 billion reais from 4.79 billion reais, through capitalization of capital reserves.Company will issue 30.7 million new shares, with bonus share in the proportion of 0.03194510783 for each new share.  Full Article

Cpfl Energia SA contracts Bank Credit Notes for 1 bln Brazilian reais from Banco Santander S.A.
Friday, 30 Jan 2015 10:02am EST 

Cpfl Energia SA:Says it has contracted Bank Credit Notes for 1 billion Brazilian reais from Banco Santander S.A.The loan is for 1 year, without option of early redemption or prolongation.  Full Article

Cpfl Energia SA approved fundraising of up to 2.148 bln Brazilian reais through its subsidiaries
Monday, 8 Dec 2014 07:01am EST 

Cpfl Energia SA:Says on the meeting of the Board of Directors on Nov. 26 approved fundraising of up to 2.148 billion Brazilian reais through its subsidiaries as a part of Funding Plan for 2015.Possible loan modalities: bilateral loan in foreign currency and/or rollover of existing debt in foreign currency with swap for different working capital operations, with a maximum term of up to five years.  Full Article

Cpfl Energia SA updates on H1 2014 dividend payment
Thursday, 18 Sep 2014 07:36am EDT 

Cpfl Energia SA:Says on Oct. 1 it will pay interim dividend payment for the first half of FY 2014 totaling announced already on Aug. 27.  Full Article

CPFL Energia SA announces H1 2014 dividend payment
Thursday, 28 Aug 2014 08:10am EDT 

CPFL Energia SA:Says on Aug. 27 it approved interim dividend payment for the first half of FY 2014 totaling 422,194,685.12 Brazilian reais, or 0.438746730 reais per ordinary share.Record date Sep. 4.Ex-dividend date Sep. 5.  Full Article

Deals of the day- Mergers and acquisitions

July 19 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: