The document provides an overview of the Foz do Chapecó HPP (hydroelectric power plant) dam and reservoir project in Brazil. It discusses the company's leadership in the Brazilian electric sector as the largest private player, with a focus on distribution, commercialization, and renewable generation. The company has a strong financial position and growth outlook, investing billions in expanding its distribution and generation businesses over the next five years through projects like wind farms and hydroelectric plants.
The document provides an overview of the Foz do Chapecó HPP (hydroelectric power plant) dam and reservoir project in Brazil. It discusses the company's leadership positions in electricity distribution, commercialization, and renewable energy generation. The company has over 2 million customers, 2,396 MW of installed renewable generation capacity, and follows best corporate governance practices including listing on Bovespa Novo Mercado and NYSE with ADR Level III. It is the largest private player and 2nd largest overall in Brazil's electric sector by market capitalization.
The document provides an overview of the Foz do Chapecó HPP dam and reservoir project in Brazil. It includes a disclaimer noting that any forward-looking statements are based on assumptions and could differ from actual results. The agenda then outlines topics on corporate overview, operational efficiency, growth in generation business, and wide portfolio of services.
Institutional presentation cpfl energia itaú ny finalCPFL RI
The document provides an agenda for a corporate meeting covering CPFL Energia's corporate overview, distribution business focusing on operational efficiency, generation business focusing on growth, commercialization opportunities, sales and financials. It highlights CPFL Energia's leadership in the Brazilian electric sector as the largest private player with a focus on distribution, commercialization, renewable energy generation, and operational excellence across business segments. Value initiatives aimed at boosting efficiency through programs like the corporate services center, incentivized retirement, zero-based budgeting, and smart grid implementations are also summarized.
Apresentação institucional cpfl energia eng finalCPFL RI
The 2012 Brazil Conference presentation by Bank of America Merrill Lynch provided an overview of CPFL Energia:
- CPFL Energia is Brazil's largest private electric sector player with leadership in distribution, commercialization, and renewable energy generation.
- It has 8 distribution subsidiaries serving over 7 million customers and more than 2,700 MW of installed generation capacity, over 90% from renewable sources.
- The presentation highlighted initiatives to improve operational efficiency in distribution like a corporate services center and incentivized retirement program, as well as growth plans for generation, commercialization, and market share in distribution.
1) CPFL Energia is the largest private company in the Brazilian electricity sector, operating in energy generation, distribution, commercialization, and services.
2) It has a market capitalization of R$19 billion and operates across South and Southeast Brazil, serving over 6.6 million customers.
3) In recent years, CPFL has invested heavily in expanding its generation capacity, including investments in renewable sources like biomass and wind farms.
1) CPFL Energia is the largest private player in the Brazilian electric sector with a market cap of R$19 billion as of June 2010. It has generation, distribution, commercialization, and service operations.
2) Since 2001, CPFL Energia has more than doubled its generation installed capacity through investments in hydro, biomass, and wind power projects. It has also acquired 5 distribution companies.
3) CPFL Energia plans to continue growing its generation business through renewable energy projects and distribution business through acquisitions. It aims to be a leader in the commercialization of free market energy.
This document provides an agenda for a corporate meeting covering CPFL Energia's operations. It includes sections on corporate overview, distribution, generation, commercialization, sales and financials. For distribution, CPFL Energia has leadership in Brazil with 8 distribution companies serving 7 million customers. The company focuses on operational efficiency initiatives across its business segments. Generation growth will come from expanding renewable energy capacity to over 4 GW by 2020 through projects like incorporating CPFL Renováveis. Commercialization aims to increase its market share above 10% through expanding services.
The document discusses the Foz do Chapecó HPP, a dam and reservoir project in Brazil. It provides an overview of the project but notes that any statements about future events or results constitute forward-looking statements based on certain assumptions. Actual results could differ materially from expectations due to various risk factors. The information should not be construed as a recommendation to invest and no decisions should be based solely on the information presented.
The document provides an overview of the Foz do Chapecó HPP (hydroelectric power plant) dam and reservoir project in Brazil. It discusses the company's leadership positions in electricity distribution, commercialization, and renewable energy generation. The company has over 2 million customers, 2,396 MW of installed renewable generation capacity, and follows best corporate governance practices including listing on Bovespa Novo Mercado and NYSE with ADR Level III. It is the largest private player and 2nd largest overall in Brazil's electric sector by market capitalization.
The document provides an overview of the Foz do Chapecó HPP dam and reservoir project in Brazil. It includes a disclaimer noting that any forward-looking statements are based on assumptions and could differ from actual results. The agenda then outlines topics on corporate overview, operational efficiency, growth in generation business, and wide portfolio of services.
Institutional presentation cpfl energia itaú ny finalCPFL RI
The document provides an agenda for a corporate meeting covering CPFL Energia's corporate overview, distribution business focusing on operational efficiency, generation business focusing on growth, commercialization opportunities, sales and financials. It highlights CPFL Energia's leadership in the Brazilian electric sector as the largest private player with a focus on distribution, commercialization, renewable energy generation, and operational excellence across business segments. Value initiatives aimed at boosting efficiency through programs like the corporate services center, incentivized retirement, zero-based budgeting, and smart grid implementations are also summarized.
Apresentação institucional cpfl energia eng finalCPFL RI
The 2012 Brazil Conference presentation by Bank of America Merrill Lynch provided an overview of CPFL Energia:
- CPFL Energia is Brazil's largest private electric sector player with leadership in distribution, commercialization, and renewable energy generation.
- It has 8 distribution subsidiaries serving over 7 million customers and more than 2,700 MW of installed generation capacity, over 90% from renewable sources.
- The presentation highlighted initiatives to improve operational efficiency in distribution like a corporate services center and incentivized retirement program, as well as growth plans for generation, commercialization, and market share in distribution.
1) CPFL Energia is the largest private company in the Brazilian electricity sector, operating in energy generation, distribution, commercialization, and services.
2) It has a market capitalization of R$19 billion and operates across South and Southeast Brazil, serving over 6.6 million customers.
3) In recent years, CPFL has invested heavily in expanding its generation capacity, including investments in renewable sources like biomass and wind farms.
1) CPFL Energia is the largest private player in the Brazilian electric sector with a market cap of R$19 billion as of June 2010. It has generation, distribution, commercialization, and service operations.
2) Since 2001, CPFL Energia has more than doubled its generation installed capacity through investments in hydro, biomass, and wind power projects. It has also acquired 5 distribution companies.
3) CPFL Energia plans to continue growing its generation business through renewable energy projects and distribution business through acquisitions. It aims to be a leader in the commercialization of free market energy.
This document provides an agenda for a corporate meeting covering CPFL Energia's operations. It includes sections on corporate overview, distribution, generation, commercialization, sales and financials. For distribution, CPFL Energia has leadership in Brazil with 8 distribution companies serving 7 million customers. The company focuses on operational efficiency initiatives across its business segments. Generation growth will come from expanding renewable energy capacity to over 4 GW by 2020 through projects like incorporating CPFL Renováveis. Commercialization aims to increase its market share above 10% through expanding services.
The document discusses the Foz do Chapecó HPP, a dam and reservoir project in Brazil. It provides an overview of the project but notes that any statements about future events or results constitute forward-looking statements based on certain assumptions. Actual results could differ materially from expectations due to various risk factors. The information should not be construed as a recommendation to invest and no decisions should be based solely on the information presented.
The document provides an overview of Foz do Chapecó HPP, a dam and reservoir project in Brazil. It discusses the company's leadership position in renewable energy generation in Latin America, with 2,640 MW of installed capacity from 17 wind farms, 5 biomass plants, and 1 small power plant under construction. The company has a successful commercialization strategy and differentiated dividend policy, paying a minimum of 50% of net income semi-annually. It is the largest private player in Brazil's electric sector in terms of market capitalization.
CPFL Energia has grown significantly since its 1997 IPO through acquisitions and expanding its electricity distribution, generation, and commercialization businesses. It is now one of the largest players in Brazil's electricity sector with a 13.8% market share in distribution across 5 states. CPFL Energia's generation capacity has grown from 801 MW in 2000 to a projected 2,174 MW in 2010 through new power plants and acquisitions. The company has a focus on hydropower and small private plants.
- The presentation is an investor presentation for a Brazilian pulp and paper company that is a market leader in its industry.
- It highlights the company's low-cost production, solid growth strategy, and strong management team.
- The company has a large land base for eucalyptus plantations and uses cutting-edge technologies and forest management practices to improve forest productivity over time.
Hexion plans to acquire Huntsman Corporation in an all-cash transaction valued at approximately $10.6 billion. The combination would create one of the world's largest specialty chemical companies with annualized sales of over $14 billion, over 21,000 employees across 180 facilities globally. The merged company would have strong positions in key segments and an unmatched global reach to serve customers worldwide. The transaction is subject to Huntsman shareholder approval and regulatory clearances. Integration planning teams will be formed to plan the post-closing merger of the two organizations.
Charoen Pokphand Foods is acquiring a 74.18% stake in C.P. Pokphand, which operates a feed business in China and feed, farm and food businesses in Vietnam, for $2.17 billion. This acquisition strengthens CPF's position in the global and regional food industry by providing new growth opportunities in China and Vietnam. Feed sales will account for a larger proportion, around 79.7%, of the combined company's total sales. The deal is expected to be earnings accretive for CPF and implies a 2.7% upside to the analyst's target price of 37 Thai baht.
Pembina Pipeline Corporation is a midstream energy company that operates pipelines for the transportation of crude oil, natural gas liquids, and natural gas. It has a highly integrated network of pipelines and gas processing facilities located in Western Canada and North Dakota. Pembina also provides storage and marketing services for its customers. The company has a solid track record of growth through expanding its existing assets and developing new infrastructure projects to meet growing demand.
Morgan Stanley - 12th Annual London-based Latin American Conference (14 a 15-...CPFL RI
The document provides an overview of the Brazilian energy market and highlights of CPFL Energia, the largest private company in the sector.
The key points are:
1) The Brazilian energy market is concentrated among a few large players and state-owned companies control 70% of generation assets and 34% of the market share.
2) CPFL Energia is the largest private company in distribution and commercialization with a 13% market share. It has expanded significantly through acquisitions in recent years.
3) CPFL Energia has a 100% hydroelectric generation portfolio with long-term contracts. It is expanding into biomass generation through its subsidiary CPFL Bioenergia.
This investor presentation provides an overview of Suzano Pulp and Paper:
- Suzano is a market leader in the regional paper industry and one of the top 10 global pulp producers with a focus on sustainable growth.
- The company has a solid management team and plans to grow annual pulp capacity to 7.2 million tons through investments in new pulp lines and expanding existing facilities.
- Suzano recently acquired forestry assets in Maranhão state from Vale to support a new pulp mill and long-term fiber supply as part of a $3.6 billion investment program through 2017.
CPFL Energia reported strong financial results in the third quarter of 2005, with net income growth of over 400% compared to the previous year. The company achieved a 79% increase in EBITDA due to revenue growth of 17% and cost control. CPFL Energia continues its strategy of operational efficiency, synergic growth through new generation projects, and financial discipline to create shareholder value.
Crestwood Midstream Partners LP is an energy company that owns and operates natural gas gathering and processing assets across multiple shale plays in the United States. It has established a large field services platform through acquisitions of assets in major unconventional plays with long-term contracts from top shale producers. Crestwood is focused on bolt-on acquisitions and greenfield development opportunities to further diversify and grow its cash flows.
The document discusses 3Q15 results for an energy company. It summarizes key financial highlights including a 5.3% decrease in energy sales in the concession area, a 25.7% increase in EBITDA, and a 188.5% increase in net income. It also discusses factors influencing results such as currency variations, allowance for doubtful accounts, and non-recurring items. The document further analyzes the company's debt profile, hydrological conditions, and regulatory developments in Brazil.
CPFL Energia reported a 1.8% increase in energy sales in its concession areas in 4Q13 compared to the same period in 2012. Some factors that contributed to the sales growth include a 3.3% increase in residential sales and a 5% increase in commercial sales. Investments totaled R$1.735 billion in 2013. CPFL Energia also distributed R$931 million in dividends related to 2013, with a dividend yield of 4.8%.
1) O documento apresenta os principais indicadores financeiros e operacionais da CPFL Energia no terceiro trimestre de 2013, com destaque para a expansão da CPFL Renováveis através da aquisição da Dobrevê Energia;
2) A CPFL Renováveis ampliará sua capacidade instalada em 331 MW com a aquisição de ativos de geração eólica e hidrelétrica da Dobrevê;
3) O cenário hidrológico no Brasil em 2014 é desfavorável com os níveis dos reservatórios do SIN
A empresa de tecnologia anunciou um novo smartphone com câmera aprimorada, maior tela e melhor desempenho. O dispositivo também possui recursos adicionais de inteligência artificial e segurança de dados aprimorados. O lançamento do novo smartphone está programado para o final deste ano.
Morgan Stanley | Brazil Utilities Corporate Access DayCPFL RI
O documento apresenta os cinco pilares estratégicos da CPFL Energia: disciplina financeira, eficiência operacional, excelência operacional, crescimento estratégico e sustentabilidade e governança corporativa diferenciada. Detalha iniciativas de redução de custos, produtividade e eficiência da empresa, além de seu plano de crescimento em geração renovável e serviços.
Apresentação cpfl energia apimec df_25nov10CPFL RI
A empresa de tecnologia anunciou um novo smartphone com câmera aprimorada, tela maior e bateria de longa duração por um preço acessível. O dispositivo tem como objetivo atrair mais consumidores em mercados emergentes com suas especificações equilibradas e preço baixo. Analistas esperam que as melhorias e o preço baixo impulsionem as vendas do novo aparelho.
Cpfl energia presentation_institucional_may2010CPFL RI
1) CPFL Energia is the largest private player in the Brazilian electricity sector, with operations focused on distribution, commercialization, and generation from renewable sources like hydropower.
2) Over the past few years, CPFL Energia has grown through acquisitions of distribution companies and generation assets, and by investing in new renewable generation projects.
3) CPFL Energia has reported strong financial growth with increasing EBITDA, net income, and dividends paid to shareholders according to its policy of distributing a minimum of 50% of net income semi-annually.
Morgan Stanley Conference - Latin America CEO Conference (06 a 08-01-2010)CPFL RI
CPFL Energia is Brazil's largest private company in the distribution and commercialization of energy. It operates 8 distribution companies serving over 568 municipalities across 208,226 km2, with over 6.5 million customers. In generation, CPFL Energia has 1,737 MW of installed capacity in operation and 846 MW under construction. It is expanding into biomass generation through its subsidiary CPFL Bioenergia. CPFL Energia has shown sales growth in both its concession area and in Brazil's free energy market in recent years.
14ª Conferência Anual América Latina - Santander (12 a 14-01-2010)CPFL RI
The document provides an overview of the Brazilian energy market and highlights CPFL Energia's position within it. It notes that CPFL Energia is the largest player in distribution and commercialization in Brazil, operating in some of the most developed regions. It also summarizes CPFL Energia's growth in recent years through acquisitions and investments in generation assets. The document highlights CPFL Energia's financial performance, including strong growth in EBITDA and net income.
Morgan Stanley Conference - Latin America CEO Conference (06 a 08-01-2010)CPFL RI
CPFL Energia is Brazil's largest private company in the distribution and commercialization of energy. It operates 8 distribution companies serving over 568 municipalities across Brazil. In recent years CPFL has expanded its generation capacity through acquisitions and new projects, bringing its total installed capacity to over 1,700 MW with additional projects under construction. CPFL also operates in the biomass energy sector through its subsidiary CPFL Bioenergia.
14ª Conferência Anual América Latina - Santander (12 a 14-01-2010)CPFL RI
The document provides an overview of the Brazilian energy market and highlights CPFL Energia's position within it. It notes that CPFL Energia is the largest player in distribution and commercialization in Brazil, operating in some of the most developed regions. It also summarizes CPFL Energia's growth in recent years through acquisitions and investments in generation assets. Charts show trends in CPFL Energia's sales, EBITDA, net income, and breakdown of generation sources.
CPFL Energia is Brazil's largest private company in the distribution and commercialization of energy. It operates 8 distribution companies serving over 568 municipalities across 208,226 km2, with over 6.5 million customers. In generation, CPFL Energia has 1,737 MW of installed capacity in operation and 846 MW under construction. It is expanding into biomass generation through its subsidiary CPFL Bioenergia. CPFL Energia has shown sales growth in both its concession area and in Brazil's free energy market in recent years.
The document provides an overview of Foz do Chapecó HPP, a dam and reservoir project in Brazil. It discusses the company's leadership position in renewable energy generation in Latin America, with 2,640 MW of installed capacity from 17 wind farms, 5 biomass plants, and 1 small power plant under construction. The company has a successful commercialization strategy and differentiated dividend policy, paying a minimum of 50% of net income semi-annually. It is the largest private player in Brazil's electric sector in terms of market capitalization.
CPFL Energia has grown significantly since its 1997 IPO through acquisitions and expanding its electricity distribution, generation, and commercialization businesses. It is now one of the largest players in Brazil's electricity sector with a 13.8% market share in distribution across 5 states. CPFL Energia's generation capacity has grown from 801 MW in 2000 to a projected 2,174 MW in 2010 through new power plants and acquisitions. The company has a focus on hydropower and small private plants.
- The presentation is an investor presentation for a Brazilian pulp and paper company that is a market leader in its industry.
- It highlights the company's low-cost production, solid growth strategy, and strong management team.
- The company has a large land base for eucalyptus plantations and uses cutting-edge technologies and forest management practices to improve forest productivity over time.
Hexion plans to acquire Huntsman Corporation in an all-cash transaction valued at approximately $10.6 billion. The combination would create one of the world's largest specialty chemical companies with annualized sales of over $14 billion, over 21,000 employees across 180 facilities globally. The merged company would have strong positions in key segments and an unmatched global reach to serve customers worldwide. The transaction is subject to Huntsman shareholder approval and regulatory clearances. Integration planning teams will be formed to plan the post-closing merger of the two organizations.
Charoen Pokphand Foods is acquiring a 74.18% stake in C.P. Pokphand, which operates a feed business in China and feed, farm and food businesses in Vietnam, for $2.17 billion. This acquisition strengthens CPF's position in the global and regional food industry by providing new growth opportunities in China and Vietnam. Feed sales will account for a larger proportion, around 79.7%, of the combined company's total sales. The deal is expected to be earnings accretive for CPF and implies a 2.7% upside to the analyst's target price of 37 Thai baht.
Pembina Pipeline Corporation is a midstream energy company that operates pipelines for the transportation of crude oil, natural gas liquids, and natural gas. It has a highly integrated network of pipelines and gas processing facilities located in Western Canada and North Dakota. Pembina also provides storage and marketing services for its customers. The company has a solid track record of growth through expanding its existing assets and developing new infrastructure projects to meet growing demand.
Morgan Stanley - 12th Annual London-based Latin American Conference (14 a 15-...CPFL RI
The document provides an overview of the Brazilian energy market and highlights of CPFL Energia, the largest private company in the sector.
The key points are:
1) The Brazilian energy market is concentrated among a few large players and state-owned companies control 70% of generation assets and 34% of the market share.
2) CPFL Energia is the largest private company in distribution and commercialization with a 13% market share. It has expanded significantly through acquisitions in recent years.
3) CPFL Energia has a 100% hydroelectric generation portfolio with long-term contracts. It is expanding into biomass generation through its subsidiary CPFL Bioenergia.
This investor presentation provides an overview of Suzano Pulp and Paper:
- Suzano is a market leader in the regional paper industry and one of the top 10 global pulp producers with a focus on sustainable growth.
- The company has a solid management team and plans to grow annual pulp capacity to 7.2 million tons through investments in new pulp lines and expanding existing facilities.
- Suzano recently acquired forestry assets in Maranhão state from Vale to support a new pulp mill and long-term fiber supply as part of a $3.6 billion investment program through 2017.
CPFL Energia reported strong financial results in the third quarter of 2005, with net income growth of over 400% compared to the previous year. The company achieved a 79% increase in EBITDA due to revenue growth of 17% and cost control. CPFL Energia continues its strategy of operational efficiency, synergic growth through new generation projects, and financial discipline to create shareholder value.
Crestwood Midstream Partners LP is an energy company that owns and operates natural gas gathering and processing assets across multiple shale plays in the United States. It has established a large field services platform through acquisitions of assets in major unconventional plays with long-term contracts from top shale producers. Crestwood is focused on bolt-on acquisitions and greenfield development opportunities to further diversify and grow its cash flows.
The document discusses 3Q15 results for an energy company. It summarizes key financial highlights including a 5.3% decrease in energy sales in the concession area, a 25.7% increase in EBITDA, and a 188.5% increase in net income. It also discusses factors influencing results such as currency variations, allowance for doubtful accounts, and non-recurring items. The document further analyzes the company's debt profile, hydrological conditions, and regulatory developments in Brazil.
CPFL Energia reported a 1.8% increase in energy sales in its concession areas in 4Q13 compared to the same period in 2012. Some factors that contributed to the sales growth include a 3.3% increase in residential sales and a 5% increase in commercial sales. Investments totaled R$1.735 billion in 2013. CPFL Energia also distributed R$931 million in dividends related to 2013, with a dividend yield of 4.8%.
1) O documento apresenta os principais indicadores financeiros e operacionais da CPFL Energia no terceiro trimestre de 2013, com destaque para a expansão da CPFL Renováveis através da aquisição da Dobrevê Energia;
2) A CPFL Renováveis ampliará sua capacidade instalada em 331 MW com a aquisição de ativos de geração eólica e hidrelétrica da Dobrevê;
3) O cenário hidrológico no Brasil em 2014 é desfavorável com os níveis dos reservatórios do SIN
A empresa de tecnologia anunciou um novo smartphone com câmera aprimorada, maior tela e melhor desempenho. O dispositivo também possui recursos adicionais de inteligência artificial e segurança de dados aprimorados. O lançamento do novo smartphone está programado para o final deste ano.
Morgan Stanley | Brazil Utilities Corporate Access DayCPFL RI
O documento apresenta os cinco pilares estratégicos da CPFL Energia: disciplina financeira, eficiência operacional, excelência operacional, crescimento estratégico e sustentabilidade e governança corporativa diferenciada. Detalha iniciativas de redução de custos, produtividade e eficiência da empresa, além de seu plano de crescimento em geração renovável e serviços.
Apresentação cpfl energia apimec df_25nov10CPFL RI
A empresa de tecnologia anunciou um novo smartphone com câmera aprimorada, tela maior e bateria de longa duração por um preço acessível. O dispositivo tem como objetivo atrair mais consumidores em mercados emergentes com suas especificações equilibradas e preço baixo. Analistas esperam que as melhorias e o preço baixo impulsionem as vendas do novo aparelho.
Cpfl energia presentation_institucional_may2010CPFL RI
1) CPFL Energia is the largest private player in the Brazilian electricity sector, with operations focused on distribution, commercialization, and generation from renewable sources like hydropower.
2) Over the past few years, CPFL Energia has grown through acquisitions of distribution companies and generation assets, and by investing in new renewable generation projects.
3) CPFL Energia has reported strong financial growth with increasing EBITDA, net income, and dividends paid to shareholders according to its policy of distributing a minimum of 50% of net income semi-annually.
Morgan Stanley Conference - Latin America CEO Conference (06 a 08-01-2010)CPFL RI
CPFL Energia is Brazil's largest private company in the distribution and commercialization of energy. It operates 8 distribution companies serving over 568 municipalities across 208,226 km2, with over 6.5 million customers. In generation, CPFL Energia has 1,737 MW of installed capacity in operation and 846 MW under construction. It is expanding into biomass generation through its subsidiary CPFL Bioenergia. CPFL Energia has shown sales growth in both its concession area and in Brazil's free energy market in recent years.
14ª Conferência Anual América Latina - Santander (12 a 14-01-2010)CPFL RI
The document provides an overview of the Brazilian energy market and highlights CPFL Energia's position within it. It notes that CPFL Energia is the largest player in distribution and commercialization in Brazil, operating in some of the most developed regions. It also summarizes CPFL Energia's growth in recent years through acquisitions and investments in generation assets. The document highlights CPFL Energia's financial performance, including strong growth in EBITDA and net income.
Morgan Stanley Conference - Latin America CEO Conference (06 a 08-01-2010)CPFL RI
CPFL Energia is Brazil's largest private company in the distribution and commercialization of energy. It operates 8 distribution companies serving over 568 municipalities across Brazil. In recent years CPFL has expanded its generation capacity through acquisitions and new projects, bringing its total installed capacity to over 1,700 MW with additional projects under construction. CPFL also operates in the biomass energy sector through its subsidiary CPFL Bioenergia.
14ª Conferência Anual América Latina - Santander (12 a 14-01-2010)CPFL RI
The document provides an overview of the Brazilian energy market and highlights CPFL Energia's position within it. It notes that CPFL Energia is the largest player in distribution and commercialization in Brazil, operating in some of the most developed regions. It also summarizes CPFL Energia's growth in recent years through acquisitions and investments in generation assets. Charts show trends in CPFL Energia's sales, EBITDA, net income, and breakdown of generation sources.
CPFL Energia is Brazil's largest private company in the distribution and commercialization of energy. It operates 8 distribution companies serving over 568 municipalities across 208,226 km2, with over 6.5 million customers. In generation, CPFL Energia has 1,737 MW of installed capacity in operation and 846 MW under construction. It is expanding into biomass generation through its subsidiary CPFL Bioenergia. CPFL Energia has shown sales growth in both its concession area and in Brazil's free energy market in recent years.
14ª Conferência Anual América Latina - Santander (12 a 14-01-2010)CPFL RI
The document provides an overview of the Brazilian energy market and highlights CPFL Energia's position within it. It notes that CPFL Energia is the largest player in distribution and commercialization in Brazil, operating in some of the most developed regions. It also summarizes CPFL Energia's growth in recent years through acquisitions and investments in generation assets. The document highlights CPFL Energia's financial performance, including strong growth in EBITDA and net income.
Citi´s 17th Annual Latin America Conference*CPFL RI
The document provides an overview of the Brazilian energy market and highlights for CPFL Energia:
1) The Brazilian energy market is concentrated among a few large players and state-owned entities still dominate generation assets. CPFL Energia has a 13% share of the distribution market and 2% of generation.
2) CPFL Energia is Brazil's largest private distributor and focuses on operational efficiency and acquiring smaller distributors. It is also growing its generation portfolio through new projects.
3) CPFL Energia aims to capture synergies across its business segments and reduce delinquencies while expanding its installed generation capacity and customer base.
'12ª Conferência Anual América Latina - Santander (15 a 18-01-2008)'CPFL RI
CPFL Energia has grown aggressively since 1997 through acquisitions and investments in distribution, generation, and commercialization of electricity in Brazil. It is a leader in these sectors with over 13% of the distribution market share and operations across São Paulo, Rio Grande do Sul, Paraná and Minas Gerais states. Recent deals include purchases of stakes in distribution and generation companies to increase its installed capacity to over 2 GW by 2010.
1) CPFL Energia is one of the largest private electricity companies in Brazil, operating in distribution, generation, commercialization, and renewable energy.
2) In 2018, the company had EBITDA of R$5,637 million and a net income of R$2,166 million. It has over 9.6 million customers and 3,272 MW of installed generation capacity, 95% of which comes from renewable sources.
3) CPFL Energia has a diversified portfolio of generation assets including hydroelectric, wind, and solar plants. It is also developing new renewable projects and recently acquired transmission lines. The company aims to offer integrated energy solutions while maintaining operational efficiency.
Corporate presentation cpfl energia apr2019 enersa_ri
1) CPFL Energia is one of the largest private electricity companies in Brazil, operating in distribution, generation, commercialization, and renewable energy.
2) In 2018, the company had EBITDA of R$5,637 million and a net income of R$2,166 million. It has over 9.6 million customers and 3,272 MW of installed generation capacity, 95% from renewable sources.
3) CPFL Energia has a diversified portfolio of generation assets including hydroelectric, wind, and solar plants. It is also developing new renewable projects and recently won transmission projects in auctions. The company aims to offer integrated energy solutions while pursuing operational efficiency.
2009 Brazil Equity Ideas Conference - Credit Suisse*CPFL RI
CPFL Energia has grown significantly in the past 4 years since its IPO. Some key points:
- Installed capacity and assured energy increased over 100% through acquisitions and investments.
- Total capex over the period was over R$5 billion, including acquisitions of distribution companies.
- Share performance has significantly outperformed major indexes since the IPO, with returns over 130% in local currency and over 200% in US dollars.
- In the recent market downturn, CPFL shares held up relatively well due to their defensive nature and limited currency and consumption exposure.
Morgan Stanley - Annual Latin America CEO Conference*CPFL RI
CPFL Energia has grown significantly in the past 4 years since its IPO. Some key points:
- Installed capacity and assured energy increased over 100% through acquisitions and investments.
- Total capex over the period was over R$5 billion, including acquisitions of distribution companies.
- Share performance has significantly outperformed major indexes since the IPO, with returns over 130% in local currency and over 200% in US dollars.
- In the recent market downturn, CPFL shares held up relatively well due to their defensive nature and limited currency and consumption exposure.
Morgan Stanley - Annual Latin America CEO Conference*CPFL RI
CPFL Energia has grown significantly in the past 4 years since its IPO. Some key points:
- Installed capacity and assured energy increased over 100% through acquisitions and investments.
- Total capex over the period was over R$5 billion, including acquisitions of distribution companies.
- Share performance has significantly outperformed major indexes since the IPO, with returns over 130% in local currency and over 200% in US dollars.
- In the recent market downturn, CPFL shares held up relatively well due to their defensive nature and limited currency and consumption exposure.
Morgan Stanley - Annual Latin America CEO Conference*CPFL RI
CPFL Energia has grown significantly in the past 4 years since its IPO. Some key points:
- Installed capacity has increased 106% to over 2,100 MW through acquisitions and new projects.
- Total capex over the period was over R$5 billion, including R$1.1 billion spent on acquisitions.
- As a result of acquisitions and organic growth, revenues have increased over 25% and net income has more than doubled.
- The stock performance has significantly outperformed major indices since the IPO, with shares up over 130% on Bovespa and over 200% on the NYSE.
CPFL Energia is Brazil's largest private distributor and generator of electricity. Over the past 4 years since its IPO, it has grown significantly through acquisitions and investments totaling over $1 billion. Its distribution business serves over 13% of the Brazilian market, while its generation portfolio has nearly doubled in capacity. Going forward, CPFL Energia plans to continue expanding organically and through M&A, with a planned $5 billion in investments over the next 5 years to further consolidate its position as a leading player in Brazil's energy market.
CPFL Energia is Brazil's largest player in the distribution and commercialization of energy. The Brazilian energy market is concentrated in the most developed regions of the country which CPFL Energia operates in. Over the past 4 years since its IPO, CPFL Energia has grown organically and through acquisitions, increasing its scale and expertise in distribution, generation, and commercialization. It aims to continue this growth strategy through further acquisitions and expanding its generation portfolio.
CPFL Energia is Brazil's largest private distributor and generator of electricity. Over the past 4 years since its IPO, CPFL Energia has grown significantly through acquisitions totaling R$1.1 billion, including 5 distribution companies, stakes in 9 small hydroelectric plants, and stakes in larger hydroelectric plants. CPFL Energia has also increased its installed generation capacity by over 25% through new projects and repowering existing plants. Going forward, CPFL Energia plans to continue its growth strategy through ongoing distribution and generation investments totaling R$5 billion over the next 5 years.
Corporate presentation cpfl energia nov2018 enCPFL RI
CPFL Energia is one of the largest private electricity companies in Brazil with operations in distribution, generation, commercialization, and services. In the last 12 months, it generated R$5.65 billion in EBITDA. It has over 5 million distribution customers, 3,283 MW of installed generation capacity (95% renewable), and is a leader in renewable energy in Brazil. CPFL Energia aims to increase operating efficiency through technology and innovation while strategically growing its business and creating value.
Corporate presentation cpfl energia nov2018 enersa_ri
1) CPFL Energia is one of the largest private electricity companies in Brazil with operations in distribution, generation, commercialization, and services.
2) It has a market cap of R$26.6 billion and presence in the most developed regions of Brazil, serving 9.5 million distribution customers.
3) The company has 3,283 MW of installed generation capacity, of which 95% comes from renewable sources, making it the largest renewable energy company in Brazil.
Similar to Cpfl energia btg pactual ceo conference_10fev_final (20)
This document provides an overview of CPFL Energia, a leading utility company in Brazil. It details CPFL's corporate structure and business segments, which include distribution, generation and transmission, commercialization, and solutions and services. The distribution segment operates four concessions serving over 9 million customers. The generation portfolio includes over 4 GW of installed capacity from renewable sources. CPFL is pursuing operational efficiency initiatives across its business segments and has a strategic plan focused on growth through M&A and greenfield projects.
This document provides an overview of CPFL Energia, a leading utility company in Brazil. It details CPFL's corporate structure and business segments, which include distribution, generation and transmission, and commercialization and services. The distribution segment operates four distribution companies serving over 9 million customers across Brazil. The generation portfolio includes over 4 GW of installed capacity from renewable sources. CPFL has a strategic plan focused on operational efficiency, portfolio optimization and growth.
This document provides an overview of CPFL Energia, a leading utility company in Brazil. It details CPFL's corporate structure and business segments, which include distribution, generation and transmission, commercialization, and solutions and services. The distribution segment operates four concessions covering 687 cities with 9.7 million customers. The generation portfolio has over 4.3 GW of installed capacity from renewable sources. CPFL is pursuing operational efficiency initiatives across its business segments and has a strategic plan focused on productivity, growth, and sustainability.
The document provides an overview of CPFL Energia, a leading utility company in Brazil. Some key points:
- CPFL has a diversified portfolio including generation, transmission, distribution, and commercialization. It is the 2nd largest distribution company and 3rd largest private generator in Brazil.
- In 2018, CPFL had $6 billion in EBITDA from its various business segments. Generation and distribution accounted for the majority (57% and 22% respectively) of EBITDA.
- CPFL identifies five strategic pillars - differentiated governance, financial discipline, synergistic growth, sustainability, and operational efficiency. It aims to grow through both organic projects and M&A opportunities while maintaining financial discipline.
This presentation summarizes CPFL Energia's 1Q19 results. Key highlights include:
- EBITDA grew 12.1% to R$1,531 million due to higher revenue from distribution and commercialization & services segments.
- Net income increased 36% to R$570 million mainly from lower debt charges.
- Load in the concession area grew 1.9% with increases in the residential and commercial classes.
- Leverage was 2.70x, below the financial covenants criteria of 3.05x.
Apresentação de Resultados 1T19 - CPFL EnergiaCPFL RI
O documento apresenta os resultados financeiros da CPFL Energia no 1T19, destacando:
1) Crescimento de 12,1% no EBITDA em comparação com o 1T18;
2) Aumento de 36% no lucro líquido em relação ao mesmo período do ano anterior;
3) Investimentos de R$ 445 milhões realizados no trimestre.
O documento fornece um resumo da CPFL Energia, uma das maiores empresas privadas do setor elétrico brasileiro. Apresenta detalhes sobre suas operações nas áreas de distribuição, geração e comercialização de energia, além de seus planos de crescimento futuro focados em eficiência operacional, soluções integradas e geração distribuída.
- CPFL reported a 15.9% increase in EBITDA and 74.2% increase in net income for 2018 compared to 2017. Key drivers included tariff adjustments, lower debt costs, and compensation agreements.
- Energy sales grew 1.2% in 4Q18 and 2.5% for 2018, led by increases in the residential and industrial classes.
- CPFL Renováveis anticipated the commercial start-up of the Boa Vista II SHPP in November 2018 and won projects in the A-6 auction.
Apresentação de Resultados 4T18/2018 - CPFL EnergiaCPFL RI
O documento apresenta os resultados financeiros da CPFL Energia no quarto trimestre e ano de 2018, destacando aumentos de 15,9% no EBITDA anual e de 74,2% no lucro líquido anual, bem como investimentos de R$2,1 bilhões em 2018. Também ressalta aumentos na carga e vendas de energia na área de concessão e revisões tarifárias realizadas.
Corporate presentation cpfl energia nov2018 ptCPFL RI
A CPFL Energia é uma das maiores empresas privadas do setor elétrico brasileiro, atuando nos segmentos de distribuição, geração e comercialização de energia. A empresa possui 5 distribuidoras, 3.283 MW de capacidade gerada, sendo 95% de fontes renováveis, e é líder no mercado de comercialização de energia para clientes livres. A apresentação destaca os principais números financeiros e operacionais da CPFL Energia.
CPFL reported its 3Q18 results, highlighting increases in net operating revenue (+4.4%), EBITDA (+21.4%), and net income (+60.5%). Energy sales in the concession area grew 2.0% due to increases in the residential (+2.0%) and industrial (+2.4%) segments. Net debt was R$15.5 billion with a leverage ratio of 2.92x. The company won projects in the 28th energy auction, including the Cherobim SHPP (28 MW) and Gameleira Wind Complex (69.3 MW). CPFL also discussed its renewable generation projects totaling 127.2 MW of installed capacity by 2024 and provided an update on its
Apresentação de Resultados 3T18 - CPFL EnergiaCPFL RI
Este documento apresenta os resultados financeiros da CPFL Energia para o terceiro trimestre de 2018, destacando um crescimento de 4,4% na receita líquida e de 21,4% no EBITDA em comparação com o mesmo período do ano anterior. O documento também fornece detalhes sobre investimentos em novos projetos de geração renovável e sobre o programa CPFL Inova para conectar a empresa a startups.
CPFL Energia is one of the largest private electricity companies in Brazil with operations in distribution, generation, commercialization, and services. Some key points:
1) It has 5 distribution companies serving over 9.5 million customers and a market share of 14% in distribution.
2) In generation, it has over 3,283 MW of installed capacity, of which 95% comes from renewable sources like hydro.
3) It is the largest renewable energy company in Brazil and third largest private generator.
4) Other business segments include commercialization of electricity to free consumers and various technical and commercial services to clients.
A CPFL Energia é uma das maiores empresas privadas do setor elétrico brasileiro, atuando nos segmentos de distribuição, geração e comercialização de energia. Apresenta um perfil diversificado de ativos, com foco em fontes renováveis e presença nas regiões mais desenvolvidas do país. Sua estratégia visa a eficiência operacional, crescimento sustentável e atuação em assuntos regulatórios para garantir a sustentabilidade do setor elétrico.
- CPFL reported financial results for 2Q18 with net revenue growth of 16.5% and EBITDA growth of 33.3% compared to 2Q17.
- Key drivers included a 3.8% increase in energy demand, tariff increases, and the start-up of new renewable generation projects.
- Net debt was R$15.7 billion with leverage of 3.11x net debt/EBITDA, and the company secured R$3.4 billion in new funding.
Apresentação de Resultados 2T18 - CPFL EnergiaCPFL RI
Este documento apresenta os resultados financeiros da CPFL Energia no 2T18, destacando o crescimento de 16,5% na receita líquida e de 33,3% no EBITDA em relação ao mesmo período do ano anterior. Apresenta também indicadores operacionais das distribuidoras, vendas de energia, inadimplência, perfil da dívida e perspectivas para geração.
This document provides an overview of CPFL Energia, the largest integrated private electricity company in Brazil. Some key points:
- CPFL Energia has a market cap of R$23 billion and presence in distribution, generation, commercialization and services segments.
- In distribution, CPFL has 5 distributors serving 9.4 million customers. In generation, it has 3,283 MW of installed capacity, 95% from renewable sources.
- In 2017, EBITDA was R$5 billion, with distribution accounting for 49% and generation for 25%. Net income was R$1.4 billion.
- The company aims to increase efficiency through technology and innovation, pursue strategic growth through acqu
A apresentação institucional descreve a CPFL Energia como a maior empresa privada do setor elétrico brasileiro, com atuação nas áreas de distribuição, geração, comercialização e serviços. A empresa possui 5 distribuidoras, 3.283 MW de capacidade instalada de geração, com foco em fontes renováveis, e liderança no mercado de comercialização junto a consumidores livres. A estratégia da CPFL Energia inclui expansão orgânica e aquisições para crescimento sustentável.
- CPFL Energia reported a 15.1% increase in net operating revenue and 14.3% increase in EBITDA in 1Q18 compared to 1Q17. Net income grew 80.7% over the same period.
- Key drivers included growth in energy sales, lower debt costs, and the conclusion of tariff reviews for CPFL Paulista and RGE Sul in April 2018, resulting in average tariff increases of 16.9% and 22.5% respectively.
- Leverage as measured by adjusted net debt to EBITDA was 3.31x at the end of 1Q18, below the financial covenant threshold of 3.5x.
Apresentação de Resultados 1T18 - CPFL EnergiaCPFL RI
1) O documento apresenta os resultados financeiros da CPFL Energia no primeiro trimestre de 2018, destacando aumento de 15,1% na receita líquida e de 14,3% no EBITDA em relação ao mesmo período de 2017.
2) Foram concluídas as revisões tarifárias da CPFL Paulista e RGE Sul em abril de 2018, com aumentos médios de 16,9% e 22,5%, respectivamente.
3) A dívida líquida da empresa foi de R$15,6 bilhões no final do trimestre, com alav
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
How Barcodes Can Be Leveraged Within Odoo 17Celine George
In this presentation, we will explore how barcodes can be leveraged within Odoo 17 to streamline our manufacturing processes. We will cover the configuration steps, how to utilize barcodes in different manufacturing scenarios, and the overall benefits of implementing this technology.
How to Manage Reception Report in Odoo 17Celine George
A business may deal with both sales and purchases occasionally. They buy things from vendors and then sell them to their customers. Such dealings can be confusing at times. Because multiple clients may inquire about the same product at the same time, after purchasing those products, customers must be assigned to them. Odoo has a tool called Reception Report that can be used to complete this assignment. By enabling this, a reception report comes automatically after confirming a receipt, from which we can assign products to orders.
Gender and Mental Health - Counselling and Family Therapy Applications and In...PsychoTech Services
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...indexPub
The recent surge in pro-Palestine student activism has prompted significant responses from universities, ranging from negotiations and divestment commitments to increased transparency about investments in companies supporting the war on Gaza. This activism has led to the cessation of student encampments but also highlighted the substantial sacrifices made by students, including academic disruptions and personal risks. The primary drivers of these protests are poor university administration, lack of transparency, and inadequate communication between officials and students. This study examines the profound emotional, psychological, and professional impacts on students engaged in pro-Palestine protests, focusing on Generation Z's (Gen-Z) activism dynamics. This paper explores the significant sacrifices made by these students and even the professors supporting the pro-Palestine movement, with a focus on recent global movements. Through an in-depth analysis of printed and electronic media, the study examines the impacts of these sacrifices on the academic and personal lives of those involved. The paper highlights examples from various universities, demonstrating student activism's long-term and short-term effects, including disciplinary actions, social backlash, and career implications. The researchers also explore the broader implications of student sacrifices. The findings reveal that these sacrifices are driven by a profound commitment to justice and human rights, and are influenced by the increasing availability of information, peer interactions, and personal convictions. The study also discusses the broader implications of this activism, comparing it to historical precedents and assessing its potential to influence policy and public opinion. The emotional and psychological toll on student activists is significant, but their sense of purpose and community support mitigates some of these challenges. However, the researchers call for acknowledging the broader Impact of these sacrifices on the future global movement of FreePalestine.
A Visual Guide to 1 Samuel | A Tale of Two HeartsSteve Thomason
These slides walk through the story of 1 Samuel. Samuel is the last judge of Israel. The people reject God and want a king. Saul is anointed as the first king, but he is not a good king. David, the shepherd boy is anointed and Saul is envious of him. David shows honor while Saul continues to self destruct.
2. Disclaimer
This presentation may contain statements that represent expectations about future events or results according to Brazilian
and international securities regulators. These statements are based on certain assumptions and analyses made by the
Company pursuant to its experience and the economic environment, market conditions and expected future events, many
of which are beyond the Company's control. Important factors that could lead to significant differences between actual
results and expectations about future events or results include the Company's business strategy, Brazilian and international
economic conditions, technology, financial strategy, developments in the utilities industry, hydrological conditions, financial
market conditions, uncertainty regarding the results of future operations, plans, objectives, expectations and intentions,
among others. Considering these factors, the Company's actual results may differ materially from those indicated or implied
in forward-looking statements about future events or results.
The information and opinions contained herein should not be construed as a recommendation to potential investors and no
investment decision should be based on the truthfulness, timeliness or completeness of such information or opinions. None
of the advisors to the company or parties related to them or their representatives shall be liable for any losses that may
result from the use or contents of this presentation.
This material includes forward-looking statements subject to risks and uncertainties, which are based on current
expectations and projections about future events and trends that may affect the Company's business. These statements
may include projections of economic growth, demand, energy supply, as well as information about its competitive position,
the regulatory environment, potential growth opportunities and other matters. Many factors could adversely affect the
estimates and assumptions on which these statements are based.
2
4. Corporate overview – Highlights
The largest 2nd largest player in the electric sector in terms of
private player Market Cap (R$ 20 billion in Dec, 2010)
in the Brazilian
R$ 3.2 billion EBITDA and R$ 1.6 billion Net Income1
Electric Sector
Leadership in the distribution business through
8 distributors. Energy market is concentrated in the
most developed regions of Brazil
Leadership in the commercialization business
2,396 MW generation installed capacity, 91%
renewable sources. 4 biomass plants and 8 wind
farms under construction
Bovespa’s Novo Mercado and NYSE’s ADR Level III
Differentiated Dividend Policy: minimum 50% of the
net income semi-annually. Practices 95%
4 1) LTM (Sep, 10)
5. Brazilian’s largest player in distribution and commercialization businesses
CPFL Energia Market-share
COMMERCIALIZATION
Distribution CPFL 13%1
Concession Area (captive + TUSD)
• 6.7 million customers
Others:
• 568 municipalities 87%
• Sales of 51,589 GWh2
3 major
Market leader players: 34%
Generation CPFL 2%1
Focused mainly in renewables
• 45 power plants operating Others:
GENERATION
• 2,396 MW installed capacity 98%
• 12 plants under construction
3 major
3rd private generator players: 28%
Comercialization
DISTRIBUTION
CPFL 16%4
Energy free market and Services
• 98 free customers4
• Sales of 12,300 GWh2 Others:
• Services: revenues of R$ 67 million³ 84%
Market leader 3 major
players: 35%
5 1) Aneel – last available information 2) Set, 10 – LTM. Concession area sales (excludes CCEE) 3) LTM 4) 9M10
6. Best corporate governance practices
Advanced Corporate Governance Practices:
1st Brazilian company
• Shares listed on differentiated segments:
• Bovespa Novo Mercado
• ADR III - NYSE Annual Client Leadership
Award IFC 2008
• Compliance with the Sarbanes-Oxley Act
• Aligned with the Bylaws of CPFL Energia and its Subsidiaries
Member of the Companies
• Board of Directors made up of 7 members: Circle – OCDE/IFC
• 1 Independent Member
• 3 Board Advisory Committees
• Self-Assessment through Fiscal Council
• General Shareholders Meeting Participation Manual Ranked on the 50 Largest Sustainable Latin
• Securities Information Disclosure and Trading Manual American companies list (2008/2009)
Ranked on Ibovespa’s Transparency in
• Dividend Payout Policy: Sustainability list of companies (2nd place - 2009)
• Minimum dividends of 50% of net income, paid twice a year
• Succession Plan 1st Place CPFL Energia was the
Energy Sector – The
company with the highest
Most Sustainable Large
result among the sectors
Companies in Latin
America studied (Energy, Mining
May, 2010 and Oil and Gas)
6
7. Sales and Results – CPFL presents consistent growth
Concession Area Sales (GWh)1 Breakdown | 9M10 Concession Area Sales (GWh)
TUSD CAGR = 6.1% p.y.
Captive Industrial
46%
49.033 48.799 7.8%
46.475
38.498
41.363
11.710 10.978 38.706
15% Commercial
36.364 11.230 35.916
3.288 7.263 9.585
7.966 9.325
25% 14%
35.245 37.323 37.821
33.076 31.235 31.778 27.950 29.381 Others
Residential
2004 2005 2006 2007 2008 2009 9M09 9M10
EBITDA (R$ million)2 Breakdown | 9M10 Reported EBITDA2
CAGR = 10.5% p.y.
Generation
3.345 R$ 530 million
19.8%
2.789 2.808 2.765 22%
2.419
2.120 2.019 68%
1.681
10%
Commercialization Distribution
R$ 244 million R$ 1,661 million
2004 2005 2006 2007 2008 2009 9M09 9M10
1) Excludes intercompany transactions (consolidation accounting basis), CCEE and generation sales (except to the free market). 2009 TUSD adjusted (97 CAT Resolution)
7 2) 2007 and 2008 adjusted by the impact of Law 11,638 and PM 449/08
8. Comparative of global electricity consumption
Electricity consumption | per capita/GDP1
14.000
12.000 United
Consumption per capita (KWh)
States
10.000 Australia
8.000 Japain
France
Taiwan
Singapure Germany
6.000
South Korea UK
Greece Spain
Brasil Italy Hong Kong
4.000 Venezuela
2014 Portugal
Chile
Brasil Argentina
2.000 2010
China Mexico
Peru
GDP per
5.000 10.000 15.000 20.000 25.000 30.000 35.000 40.000 capita (US$)
Brazil 2010 2014 2019 ∆ %
Population (million)2 194.1 200.2 206.6 12.5 6
Electricity consumption (TWh) 415.9 506.8 633.0 217.1 52
Consumption per capita (MWh/year) 2.1 2.5 3.0 0.9 46
8 1) Source: U.S Energy Information Administration 2) Source: PDE 2019
9. Distribution of dividends in accordance with creation of shareholder value
Declared dividends and Dividend Yield
Dividend Yield2 (last 12 months)
Declared dividends1 (R$ million)
CPFL closing average price (R$/ON)
10,9%
9,1% 9,6% 9,7%
8,7% 7,9% 8,6%
7,6% 7,3% 7,6%
6,5%
842 774
3,7% 722 719 655
612 602 606 572
498
401
140
2H04 1H05 2H05 1H06 2H06 1H07 2H07 1H08 2H08 1H09 2H09 1H10
35,99 36,11 36,41
31,74 33,38 31,55 33,02
30,05 28,25
23,33
16,58 18,85
Since its IPO (Sept 2004), CPFL has distributed R$ 7.1 billion
95% of the net income in dividends Dividend Yield: 86.8%
9 1) Refer to declared dividend. Payment in the next half year. 2) Considering last two half-years’ Dividend Yield 3) IPO price per share: R$ 17.22
10. Capex – Investments in the distribution and generation business
Investments by business segment (in R$ million)
Acquisitions Stake Amount R$ Total 1997-2005: R$ 3,2 billion 1.316
2006-2008 acquired million 1.283
Total 2006-2009: R$ 4,4 billion
1.167
32,69% 414 1.121
362
11% 9 570
445 502
99,9% 203 793
100% 412 627
606 266
565
512
Total: R$ 1 billion
255
343 922
331 746
294 676 665
193 220 191 527
157 174 32
39 368
218 235 261
157 174 193 188 152
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010-
2014e
avg
Distribution Generation
10
11. Estimated CAPEX of R$ 6 billion for the next 5 years
Total Capex1 – R$ milllion Generation1 – R$ milllon
1.851 Generation Distribution
1.645 794
1.316 684
1.057 1.051 570
961 957 912
746
290
761
794 936 893
570 684 22 19
290
22 19
2009 2010(e) 2011(e) 2012(e) 2013(e) 2014(e) 2009 2010(e) 2011(e) 2012(e) 2013(e) 2014(e)
actual actual
Distribution – R$ million 2010-2014 Capex1:
Expansion Maintenance
• 42%: Wind
1.057
961 936 893 • 12%: Foz do Chapecó HPP
746 761 • 11%: EPASA (Termonordeste e Termoparaíba TPPs)
586 512 516 497 • 27%: Biomass (Baldin, Bioformosa, Pedra, Buriti and Ipê)
370 445
• 8%: Others
376 470 448 420 396
316
2009 2010(e) 2011(e) 2012(e) 2013(e) 2014(e) 2010 - 2014 (e) Generation: R$ 1.8 billion
actual
2010 - 2014 (e) Distribution: R$ 4.6 billion
88% of RAB
11 1) Without Campo dos Ventos II (wind farm) Note: Constant currency – Dec,09
12. Debt Profile
Adjusted Net Debt1 / EBITDA2 (R$ billion)
Adjusted Net Debt
Adjusted Net Debt / EBITDA 7,21
6,37 6,12 6,42
5,65
1.87: excluding
Foz do Chapecó
2,30 2,28 HPP, EPASA e
2,10 2,13 Baldin TPPs’
2,01
debts
2008 2009 1Q10 2Q10 3Q10
Real Cost (LTM) 7,1% 4,9% 3,8% 4,4% 5,0%
Debt Breakdown CPFL’s Credit Rating
TJLP
31%
Fitch Rating
CDI Rating AA+ (bra)
62%
IGP
6%
Standard & Rating br AA+
US$
Poor’s (escala nacional)
(Natural Hedge)
1%
12 1) Excludes Judicial Deposits of R$ 474million; Includes hedging operations 2) LTM EBITDA
13. Capital market performance
Shares performance1 – 2010 Shares performance1 – 2010 Daily average volume
Bovespa NYSE
CPL
CPFE3 +33,9% +23,1%
+25,7%
32,5
IEE DJ 26,4
+12,0% +10,9%
17,4
DJBr20 15,7
IBOV 3,9%
+1,0% 11,6 15,9
9M09 9M10
NYSE Bovespa
1Q10 2Q10 3Q10 4Q10 1Q10 2Q10 3Q10 4Q10
2010 Latin American Executive Team The Best Companies for Shareholders
in 2010 Rank | Capital Aberto Magazine
CPFL Energia – 3rd place
Market Cap above R$ 15 billion
• Best IR Team – Buy Side and Sell Side 24 companies evaluated
• Best CEO – Buy Side and Sell Side
• Best IRO – Sell Side
1) Closing price in December 30th, 2010 – adjusted per dividends (CPFE3: R$ 41,20/CPL: US$ 76.81)
13 2) Excludes Bradespar’s blocktrade in May 19th, 2009 (R$ 531,2 million)
15. Operational Efficiency – Distribution companies
DEC and FEC1
DEC - hours FEC – number of outages
Brazil Average CPFL Energia Brazil Average CPFL Energia
16,60 11,30
-0,03 p.p. -0,24 p.p.
8,02 7,99 6,29 6,05
2009 3Q09 3Q10 2009 3Q09 3Q10
Automation of equipment installed in the distribution networks
Automated switches installed
(quantity at the end of the period)
2.435 Operation
384% Automated protection and maneuver switches, remotely
1.618 controlled, installed along the distribution networks
503 Benefits
• Reduction of operating expenses (sending out of teams)
• Reduction of quantity and duration of interruptions
2009 2010(e) 2011(e) • Increase in the regulatory asset base (RAB)
Capex (e) (R$ million) 40 61
15 1) DEC-Duration of outages per consumer per year (in hours); FEC-Frequency of outages per consumer per year (number of outages). Excluding power outage effect in Nov, 09.
16. Operational Efficiency – Distribution companies
Delinquency1 (%) | CPFL Energia
3T09 3T10
1,44 1,43
Jan, Mar, May, Jul, Sep, Nov, Jan, Mar, May, Jul, Sep, Nov, Jan, Mar, May, Jul, Sep,
08 08 08 08 08 08 09 09 09 09 09 09 10 10 10 10 10
Program for Reduction of Commercial Losses
2007 – 2010
2 million of consumer units (CU) inspected
• 305 thousand CU identified and regularized
• 211 thousand CU with fraud
• 413 thousand measuring equipments replaced
• 37 thousand regularization of illegal connections
16 1) Bills overdue more than 30 days - % of 12 months billings. In 2010 it doesn’t consider: CPFL Leste Paulista, Sul Paulista, Jaguari and Mococac
17. CPFL Energia Group’s Awards
Abradee
Best Electric Energy Distribution Economic-Financial Management:
Company in Brazil: CPFL Paulista – 1999|2000|2008
CPFL Paulista–2000|2003|2006|2008|2009 CPFL Piratininga – 2004|2007
RGE – 2010
Management Quality:
Best Electric Energy Distribution CPFL Paulista – 2005|2006|2008|2009
Company in the South Region CPFL Piratininga – 2010
RGE – 2003|2009|2010
Best Social Responsibility:
Operational Management: CPFL Paulista – 2002|2003|2004|2005|2008
CPFL Paulista – 2001|2003|2005|2007|2008 RGE – 2009|2010
RGE – 2010
PNQ® – National Quality Award
Awarded Awarded Finalist
17
19. Generation – strong growth and energy matrix diversification
Foz do Bioformosa 7 Wind Farms
Chapecó Biomass
Campos Novos
2036 Pedra
Monte Claro 2035
Buriti Biomass
2036 Castro Alves Baldin
Lajeado Biomass
2036 Biomass
2032
Ipê
14 de Julho EPASA´s TPPs 1 Wind Farm
CPFL Biomass
CPFL Geração 2036
Jaguariúna
SPP´s Barra Grande Diamante SPP
SPP´s³
2027 2036 2015
Serra da CPFL Sul2
Mesa1 2,769 2,805
2028 2,396 2,511
1,588 1,704 1,737
1,072
812 854 915
1,252 1,362 1,387
1,220
800 862 864
434 472 525 571
2003 2004 2005 2006 2007 2008 2009 2010(e) 2011(e) 2012(e) 2013(e)
Concession contract Installed Capacity (MW) Assured Energy (AverageMW)
1) Guarantee of 51.54% of the assured energy until 2028 2) Hydroelectric power projects with less than 1,000 Kw that are not considered concession by the grantor
19 3) From 9 SPPs from CPFL Jaguariúna (today are in the Distribution), 6 are in the situation described in note 2
22. Generation – Termonordeste TPP commercial startup in Dec, 2010 and
Termoparaíba TPP in Jan, 2011
Epasa TPPs – CPFL Stake (51%)
• Installed Capacity: 174.2 MW
• Investment: R$ 310 million
• Capital structure: ~35% equity / 65% debt
• Location: Paraíba
Start of Commercial Start-up:
construction Termonordeste: Dec, 10
Oct, 09 Termoparaíba: Jan, 11
Annual fixed revenue around of R$ 85 million
22
23. Expansion in generation: 4 biomass’ projects under construction
Installed capacity of sugarcane-fired TPPs will reach 230MW until Jun 2012
Biomass projects already represent investments of about R$ 600 million
Installed
60% of TPP Investment (e)
Capacity
Brazilian Baldin 45 MW R$ 104 million √ Bio Pedra
sugarcane Bio Buriti 50 MW R$ 135 million
production is Bio Ipê 25 MW R$ 26 million
located in the Bio Formosa 40 MW R$ 127 million R$ 597
countryside million
Bio Pedra 70 MW R$ 205 million
of São Paulo1 Total 230 MW R$ 597 million Bio Formosa
R$ 362
million
Commercial start-up Bio Ipê Investment
Bio Buriti (accumulated) ~700 MW
R$ 265
million 230 MW
160 MW
Baldin
120 MW
R$ 104
million
45 MW Installed Capacity
(accumulated)
Sep Jun Sep Dec Mar Jun Sep Dec Mar Jun 2014
08 08 10 10 11 11 11 11 12 12
23 1) Source: Única
27. Commercialization - New products and services
Business units
Gross Revenues – R$ Million
400-500
~400%
CPFL
Value-added services
Total 89
CPFL Atende 2009 2014(e)
Added-value services – SVA
• Construction of transmission lines
• Construction of substations
• Recovery of power and distribution transformers
• Recovery of 15 KV equipment and tools
• Generator rental and sales
27
29. Electric Power Sector - Agenda
DISTRIBUTION GENERATION
• 3rd Distribution Company Tariff • Economic growth will require
Review Cycle expansion of supply:
• Consolidation: efficiency / shared • Estimate of a need for contracting
practices 25.1 GW average in new projects
in the period 2015 to 20231
• Investment opportunities
• Structuring projects
• A-3 and A-5 public auctions
• Renewable energy
Biomass
Wind
SPP
Renewal of concessions
Regulatory stability: to attract new investment to the Sector
29 1) Source: PSR e CPFL Energia