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CPFL Energia SA (CPFE3.SA)

CPFE3.SA on Sao Paulo Stock Exchange

23.70BRL
24 Sep 2018
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R$ 27.64
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Latest Key Developments (Source: Significant Developments)

CPFL Energia SA Announces Settlement of the Public Offering
Friday, 27 Jul 2018 

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
Friday, 27 Jul 2018 

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
Friday, 27 Jul 2018 

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
Friday, 27 Apr 2018 

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
Wednesday, 3 May 2017 

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

CPFL Energia SA Announces declaration of Intermediate Dividend
Thursday, 5 Jan 2017 

CPFL Energia SA:Announced that the Company's Board of Directors resolved to declare intermediate dividend.The amount of the dividend to be distributed is two hundred twenty-one million, seven hundred and eighty thousand reais ( R $ 221,780,000.00 ) , equivalent to R $ 0.217876793 per common share.Shareholders holding shares on January 12, 2017 will be entitled to the Dividend, and from January 13, 2017 the shares will be traded ex-dividend, both on the BM & FBovespa SA Stock Exchange, Commodities and Futures Exchange (BM & FBOVESPA) New York Stock Exchange (NYSE).Payment will be made on January 20, 2017.  Full Article

BRIEF-CPFL Energia approves to issue 620 mln reais in debt
Tuesday, 11 Oct 2016 

CPFL Energia SA : Said on Monday its board of directors approved an issue of simple non-convertible debentures in the total amount of 620.0 million Brazilian reais ($192.5 million) . Funds to be used for acquisition of stake in AES Sul Distribuidora Gaucha de Energia SA .Debentures to mature on Oct. 20, 2020, to bear an interest corresponding to 114.5 percent of daily average of interbank deposit rates.  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.