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On the Record · Cpfl Energy

Cpfl Energy acquisitions, on the record

The businesses Cpfl Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
RGE Sul (AES Sul Distribuidora Gaúcha de Energia S.A.)
Word for word“The purchase price after adjustment amounted to R$1,592 million.” 20-F for 2017
acquisition—R$1,592 million
AES Sul Distribuidora Gaúcha de Energia S.A. (RGE Sul)
Word for word“On June 15, 2016, our subsidiary CPFL Jaguariúna Participações Ltda. agreed to acquire 100% of AES Sul Distribuidora Gaúcha de Energia S.A. (which subsequently changed its name to RGE Sul Distribuidora de Energia S.A., or RGE Sul) from AES Guaíba II Empreendimentos Ltda.” 20-F for 2017
agreed acquisitionJune 15, 2016—
Dobrevê Energia S.A. (DESA)
Word for word“On October 1, 2014, CPFL Renováveis acquired 100% of the shares of DESA through an issuance of shares of CPFL Renováveis, resulting in a decrease in our shareholding of CPFL Renováveis from 58.84% to 51.61%.” 20-F for 2017
acquisitionOctober 1, 2014—
Ester Thermoelectric Power Plant (SPE Lacenas Participações Ltda.)
Word for word“In October 2012, CPFL Renováveis completed the acquisition of the electrical energy and steam co‑generation assets of SPE Lacenas Participações Ltda., which controls the Ester Thermoelectric Power Plant, located in the municipality of Cosmópolis, in the state of São Paulo.” 20-F for 2017
acquisitionOctober 2012—
Taíba Albatroz, Bons Ventos, Canoa Quebrada and Enacel Wind Farms
Word for word“The acquisition of Taíba Albatroz Wind Farm was concluded in June 2012.” 20-F for 2017
acquisitionJune 2012—
Serra da Mesa hydroelectric facility (ESC Energia S.A., formerly VBC)
Word for word“Our largest Hydroelectric Facility in operation is the Serra da Mesa facility, which we acquired in 2001 from ESC Energia S.A. (formerly VBC), one of our shareholders.” 20-F for 2017
acquisition2001—
Paulista Lajeado
Word for word“The plant was built by Investco S.A., a consortium comprised of Lajeado Energia, EDP ( Energias de Portugal ), CEB ( Companhia Energética de Brasília ) and Paulista Lajeado (which we acquired in 2007).” 20-F for 2017
acquisition2007—
State Grid Brazil Power Participações S.A. acquisition of control of CPFL Energia (approx. 54.6% of voting capital)
Word for word“On January 23, 2017, State Grid Brazil Power Participações S.A., or State Grid, consummated the acquisition of common shares representing approximately 54.6% of our voting capital, pursuant to which it has the power to control us.” 20-F for 2017
acquisitionJanuary 23, 2017—
AES Sul Distribuidora Gaúcha de Energia S.A. (RGE Sul Distribuidora de Energia S.A.)
Word for word“Following our acquisition of RGE Sul on October 31, 2016, we are currently in discussions with the regulator regarding planned investments designed to improve performance indicators, taking into account its current indicators and the characteristics of its concession area.” 20-F for 2018
acquisitionOctober 31, 2016—
Serra da Mesa
Word for word“Our largest Hydroelectric Facility in operation is the Serra da Mesa facility, which we acquired in 2001 from ESC Energia S.A. (formerly VBC), one of our shareholders.” 20-F for 2018
acquisition2001—
Electricity and steam co-generation assets of SPE Lacenas Participações Ltda. (CPFL Bio Ester)
Word for word“In October 2012, CPFL Renováveis completed the acquisition of the electricity and steam co-generation assets of SPE Lacenas Participações Ltda., which controls the Ester Thermoelectric Power Plant, located in the municipality of Cosmópolis, in the state of São Paulo.” 20-F for 2018
acquisitionOctober 2012—
Rosa dos Ventos Wind Farm
Word for word“In June 2013, CPFL Renováveis acquired Rosa dos Ventos Wind Farm (Canoa Quebrada and Lagoa do Mato fields), located in the state of Ceará.” 20-F for 2018
acquisitionJune 2013—
Merged Companies (CPFL Santa Cruz; Companhia Leste Paulista de Energia; Companhia Sul Paulista de Energia; Companhia Luz e Força de Mococa; CPFL Jaguari)
Word for word“Effective as of January 1, 2018, the Merged Companies were merged with and into a company named CPFL Santa Cruz (which company was previously named CPFL Jaguari).” 20-F for 2018
mergerJanuary 1, 2018—
Rio Grande Energia S.A. (RGE)
Word for word“As of January 1, 2019, RGE (previously named RGE Sul) is the surviving entity of its merger in December 2018 with our previous distribution company Rio Grande Energia S.A.” 20-F for 2018
mergerDecember 2018—
Shares of CPFL Renováveis (243,771,824 common shares) acquired by State Grid
Word for word“On November 29, 2018, State Grid acquired 243,771,824 common shares of CPFL Renováveis through a mandatory tender offer that State Grid was required to carry out upon gaining control of our company in accordance with applicable Brazilian law.” 20-F for 2018
agreed divestitureNovember 29, 2018—
RGE (merged into RGE Sul)
Word for word“Effective as of January 1, 2019, RGE, one of our five distribution subsidiaries existing in 2018, was merged with and into RGE Sul, and RGE Sul began doing business under the name RGE.” 20-F for 2019
mergerJanuary 1, 2019—
remaining common shares of CPFL Renováveis
Word for word“On December 19, 2019, our board of directors and the board of executive officers of CPFL Geração approved CPFL Geração’s tender offer to acquire the remaining outstanding common shares of CPFL Renováveis to allow for the conversion of CPFL Renováveis’ registration as a category “A” publicly-held company into a category “B” publicly-held company and/or its delisting from the Novo Mercado .” 20-F for 2019
agreed acquisitionDecember 19, 2019—

Read from Cpfl Energy’s annual reports (20-F for 2019, 20-F for 2018, 20-F for 2017) and the financial data it files with the SEC, as of 2020-04-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.