CPFL Energia S.A. (CPL) - NYSE
  • Fri, Feb. 5, 9:43 AM
    • U.S. power utility AES Corp. (AES -0.9%) as well as Brazilian rivals CPFL Energia (CPL -0.8%) and Equatorial Energia are among groups showing preliminary interest in buying state-controlled power distributor Centrais Elétricas de Goiás, Reuters reports.
    • The plan comes as Centrais Elétricas Brasileiras (EBR -0.6%), Brazil's largest power holding company, is considering selling stakes in several distribution companies; the move underscores Pres. Rousseff's efforts to streamline the size of state companies, whose rapid growth has put public finances under pressure.
    | Fri, Feb. 5, 9:43 AM | 1 Comment
Company Description
CPFL Energia SA is a holding company, which distributes, generates and commercializes electricity in Brazil. The company operates through the five segments: Distribution, Conventional Sources Generation, Renewable Sources Generation, Commercialization, and Services. The Distribution segment... More
Sector: Utilities
Industry: Foreign Utilities
Country: Brazil