Edition:
United States

CPFL Energia SA (CPFE3.SA)

CPFE3.SA on Sao Paulo Stock Exchange

30.50BRL
18 Jan 2019
Change (% chg)

R$ 1.60 (+5.54%)
Prev Close
R$ 28.90
Open
R$ 28.97
Day's High
R$ 30.63
Day's Low
R$ 28.97
Volume
1,982,800
Avg. Vol
466,628
52-wk High
R$ 30.63
52-wk Low
R$ 20.15

Latest Key Developments (Source: Significant Developments)

CPFL Energia SA Announces Settlement of the Public Offering
Thursday, 26 Jul 2018 08:00pm EDT 

CPFL Energia SA:Announced that it has made the settlement of the Public Offer for Acquisition of Company's shares ("OPA"), made by State Grid Brazil Participações SA ("State Grid").As a result of the settlement of the tender offer, State Grid, together with ESC Energia SA, owns 964,521,902 common shares issued by the Company, increasing its joint participation from 54.64% to 94.75% of the Company's total share capital.  Full Article

CPFL Energia SA Announces Merger of Distribution Companies
Thursday, 26 Jul 2018 08:00pm EDT 

CPFL Energia SA:Announced merger of the distribution companies Companhia Luz e Força Santa Cruz (“CPFL Santa Cruz”), Companhia Leste Paulista de Energia (“CPFL Leste Paulista”), Companhia Sul Paulista de Energia (“CPFL Sul Paulista”) and Companhia Luz e Força de Mococa (“CPFL Mococa” (“CPFL Mococa”, together (“Mergee Companies”) into Companhia Jaguari de Energia (“CPFL Jaguari”) (“Transaction”).As a result of the Transaction and relevant transfer of the assets of the Mergee Companies to CPFL Jaguari, the Mergee Companies no longer exist and the capital stock of CPFL Jaguari changed from R$ 20,632,104.68 to R$ 170,396,184.74, divided into 359,058,396 nominal shares with no par value, being 347,311,607 common shares and 11,746,789 preferred shares with no voting right, totally paid in, held by the Company, who holds the total equity interest of CPFL Jaguari.  Full Article

CPFL Energia SA Announces Merger of Distribution Companies
Thursday, 26 Jul 2018 08:00pm EDT 

CPFL Energia SA:Announced merger of the distribution companies Companhia Luz e Força Santa Cruz (“CPFL Santa Cruz”), Companhia Leste Paulista de Energia (“CPFL Leste Paulista”), Companhia Sul Paulista de Energia (“CPFL Sul Paulista”) and Companhia Luz e Força de Mococa (“CPFL Mococa” (“CPFL Mococa”, together (“Mergee Companies”) into Companhia Jaguari de Energia (“CPFL Jaguari”) (“Transaction”).As a result of the Transaction and relevant transfer of the assets of the Mergee Companies to CPFL Jaguari, the Mergee Companies no longer exist and the capital stock of CPFL Jaguari changed from R$ 20,632,104.68 to R$ 170,396,184.74, divided into 359,058,396 nominal shares with no par value, being 347,311,607 common shares and 11,746,789 preferred shares with no voting right, totally paid in, held by the Company, who holds the total equity interest of CPFL Jaguari.  Full Article

CPFL Energia S.A. Approves Declaration of Dividend
Thursday, 26 Apr 2018 08:00pm EDT 

CPFL Energia S.A. Announced:Annual General Shareholders’ Meeting (AGM) held on April 27, 2018, approved the declaration of “Dividend” to be imputed to the 2017 mandatory dividends.The amount of dividends to be paid is R$ 280,190,721.14 (two hundred and eighty million, one hundred and ninety thousand, seven hundred and twenty-one reais and fourteen centavos), equivalent to R$ 0.275259517 per common share.Shareholders owning shares on April 27, 2018 will be entitled to receive these dividends.Shares will be traded ex-dividend on the São Paulo Stock Exchange (BM&FBovespa S.A. Bolsa de Valores, Mercadorias e Futuros - BM&FBOVESPA) and New York Stock Exchange (NYSE) as of April 30, 2018.  Full Article

CPFL Energia Announces Creation of New Company, Envo
Tuesday, 2 May 2017 08:00pm EDT 

CPFL Energia:Announced that it is creating a new company, Envo , focused on the market for distributed solar generation for residential and commercial and industrial clients. small size.Envo will act from the technical design (evaluating items such as energy consumption, structural conditions of the property, levels of solar irradiation and shading in place), passing through the resale and installation of the complete solution, until the approval of the consumer with the distributor, , the process of installing the digital meter.  Full Article

Exclusive: InterCement's European, African unit to be valued at $1.8 billion in IPO - sources

SAO PAULO Brazil's InterCement Participações SA, one of Latin America's largest cement producers, plans an initial public offering of its operations in Europe and Africa early next year, two sources with knowledge of the matter said this week.