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CPFL Energia S.A.

Company Description

CPFL Energia SA is a holding company which distributes, generates and commercializes electricity in Brazil. The company operates through four segments: Distribution, Commercialization, Generation, and Solutions for Companies. The Distribution segment reflects primarily sales to consumers and charges for the use of its distribution system at prices determined by the regulatory authority. The Commercialization segment trades electricity nationwide. The Generation segment consists in the electricity generation through hydroelectric power plants, wind farms, biomass thermoelectric projects and solar power plants. The Solutions for Companies segment offers electricity-related services. The company was founded on November 16, 1912 and is headquartered in São Paulo, Brazil. [Source: MarketWatch]