CPFL Energia has consolidated its participation in the Brazilian electricity and capital markets since its IPO in 2004. It has grown organically and through acquisitions in distribution, generation, commercialization, and now operates in 5 states. CPFL Energia has received numerous awards and recognition for its performance, corporate governance, investor relations and transparency. It is listed on the Novo Mercado and its ADRs trade on the NYSE.
CPFL Energia operates in the distribution, generation, commercialization, and transmission of electricity in Brazil. It has experienced strong growth through acquisitions and organic expansion. As of 2007, CPFL Energia had 8 distribution companies serving over 6 million customers, 32 small hydroelectric plants and 8 large plants with over 1,500 MW of installed capacity. It also had a 23% market share in commercialization of electricity to free customers. CPFL Energia has consistently distributed 100% of its profits as dividends to shareholders and maintained a conservative capital structure and debt profile.
World Federation of Investors Corporations Congress *CPFL RI
Luciana Barbosa
Phone: 55 19 3756 6024
E-mail: luciana.barbosa@cpfl.com.br
Analyst Coverage
Banco do Brasil
BTG Pactual
Credit Suisse
Deutsche Bank
Goldman Sachs
HSBC
Itaú BBA
JP Morgan
Merrill Lynch
Morgan Stanley
Santander
UBS Pactual
19
'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.
2nd Annual Brazil Opportunities Conference - J.P. Morgan*CPFL RI
CPFL Energia is Brazil's largest private distributor and generator of electricity. It has a 13% share of the distribution market and a 2% share of the generation market. The company has grown in recent years through acquisitions of distribution companies, hydroelectric plants, and stakes in other generators. CPFL Energia focuses on operational efficiency, grid upgrades, and capturing growth opportunities through further acquisitions and expansion into new areas like biomass generation from sugar cane waste. Financial results in 2008 showed growth in energy sales but declines in revenue and profits due to regulatory tariff reductions and plant start-up costs.
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.
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.
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 - 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.
CPFL Energia operates in the distribution, generation, commercialization, and transmission of electricity in Brazil. It has experienced strong growth through acquisitions and organic expansion. As of 2007, CPFL Energia had 8 distribution companies serving over 6 million customers, 32 small hydroelectric plants and 8 large plants with over 1,500 MW of installed capacity. It also had a 23% market share in commercialization of electricity to free customers. CPFL Energia has consistently distributed 100% of its profits as dividends to shareholders and maintained a conservative capital structure and debt profile.
World Federation of Investors Corporations Congress *CPFL RI
Luciana Barbosa
Phone: 55 19 3756 6024
E-mail: luciana.barbosa@cpfl.com.br
Analyst Coverage
Banco do Brasil
BTG Pactual
Credit Suisse
Deutsche Bank
Goldman Sachs
HSBC
Itaú BBA
JP Morgan
Merrill Lynch
Morgan Stanley
Santander
UBS Pactual
19
'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.
2nd Annual Brazil Opportunities Conference - J.P. Morgan*CPFL RI
CPFL Energia is Brazil's largest private distributor and generator of electricity. It has a 13% share of the distribution market and a 2% share of the generation market. The company has grown in recent years through acquisitions of distribution companies, hydroelectric plants, and stakes in other generators. CPFL Energia focuses on operational efficiency, grid upgrades, and capturing growth opportunities through further acquisitions and expansion into new areas like biomass generation from sugar cane waste. Financial results in 2008 showed growth in energy sales but declines in revenue and profits due to regulatory tariff reductions and plant start-up costs.
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.
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.
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 - 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.
SERVPRO is a national leader in fire, water, mold and specialty cleanup and restoration services. They have over 1,500 franchises across the US that provide 24/7 emergency response. Their goal is to restore damaged property and return people's lives back to normal, making it like damage "never even happened." SERVPRO has over 40 years of experience, highly trained staff, and extensive equipment resources to handle any size emergency response.
Michael Rouleau has been president of Servpro of New Hampshire for 39 years after starting in the business working for his father. The business focuses on cleanup from natural disasters like fires, mold, and water damage. Michael has grown the business from $400,000 annually to $2.5 million through advertising on TV and newspapers. While finding good employees and meeting corporate demands can be challenges, Michael plans to continue running the successful business for many retirement years to come.
Dave Hawk, the Marketing Manager for SERVPRO, used to prioritize relationships based on how much business they could generate, suffering from "relationship arrogance." After joining Corporate Alliance and learning to avoid this mindset, he connected with a man at a meeting who wasn't a direct prospect. This relationship led to an introduction and over $500,000 in new business from the commercial division of the man's health insurance company. Now maintaining this client, SERVPRO has generated over half a million dollars in sales from avoiding relationship arrogance and focusing on learning about and serving others.
This document provides guidance on developing an Emergency Response Profile (ERP) to help businesses quickly recover from disasters. An ERP involves planning for potential disasters, identifying key contacts and service providers, gathering important building and equipment details, and documenting valuable assets. Having an ERP that is reviewed regularly and copies stored off-site can significantly improve a business's chances of continuing operations after a disaster.
Managing warehouse operations. How to manage and run warehouse operations by ...Omar Youssef
The document provides information about warehouse operations and goals. It discusses maximizing the effective use of space, equipment, labor and information. It outlines warehouse functions like receiving, storing, order picking and shipping. It also describes operational processes, inventory terms and costs, and opportunities to improve warehouse distribution. Controls are discussed around safety, fire prevention, theft and storing hazardous materials. Equipment and tools are also mentioned.
The document is a short eBook about leadership titled "The Second Little Book of Leadership". It contains short passages and quotes on various aspects of leadership. In under 3 sentences:
The eBook contains advice and insights on leadership from various sources, discussing topics such as what leaders do (create meaning), how leadership is learned through emulation, the importance of actions aligning with words, getting people engaged in their work, moving from a focus on oneself to the team, and creating more new leaders rather than just followers. The passages provide different perspectives on effective leadership strategies and behaviors.
CPFL Energia operates in the distribution, generation, commercialization, and transmission of electricity in Brazil. It has experienced strong growth through both organic expansion and acquisitions. As of 2007, CPFL Energia had 8 distribution companies serving over 6 million customers, 32 small hydroelectric plants and 8 large plants with over 1,500 MW of installed capacity. It also had a leading commercialization market share of 23%. CPFL Energia has consistently delivered high EBITDA and net income growth while maintaining a conservative capital structure and paying substantial dividends to shareholders.
World Federation of Investors Corporations CongressCPFL RI
Luciana Barbosa
Phone: 55 19 3756 6024
E-mail: luciana.barbosa@cpfl.com.br
Analyst Coverage
Banco do Brasil
BTG Pactual
Credit Suisse
Deutsche Bank
Goldman Sachs
HSBC
Itaú BBA
JP Morgan
Merrill Lynch
Morgan Stanley
Santander
UBS Pactual
19
World Federation Of Investors Corporations CongressCPFL RI
Luciana Barbosa
Phone: 55 19 3756 6024
E-mail: luciana.barbosa@cpfl.com.br
Analyst Coverage
Banco do Brasil
BTG Pactual
Credit Suisse
Deutsche Bank
Goldman Sachs
HSBC
Itaú BBA
JP Morgan
Merrill Lynch
Morgan Stanley
Santander
UBS Pactual
19
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.
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 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.
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.
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.
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.
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.
SERVPRO is a national leader in fire, water, mold and specialty cleanup and restoration services. They have over 1,500 franchises across the US that provide 24/7 emergency response. Their goal is to restore damaged property and return people's lives back to normal, making it like damage "never even happened." SERVPRO has over 40 years of experience, highly trained staff, and extensive equipment resources to handle any size emergency response.
Michael Rouleau has been president of Servpro of New Hampshire for 39 years after starting in the business working for his father. The business focuses on cleanup from natural disasters like fires, mold, and water damage. Michael has grown the business from $400,000 annually to $2.5 million through advertising on TV and newspapers. While finding good employees and meeting corporate demands can be challenges, Michael plans to continue running the successful business for many retirement years to come.
Dave Hawk, the Marketing Manager for SERVPRO, used to prioritize relationships based on how much business they could generate, suffering from "relationship arrogance." After joining Corporate Alliance and learning to avoid this mindset, he connected with a man at a meeting who wasn't a direct prospect. This relationship led to an introduction and over $500,000 in new business from the commercial division of the man's health insurance company. Now maintaining this client, SERVPRO has generated over half a million dollars in sales from avoiding relationship arrogance and focusing on learning about and serving others.
This document provides guidance on developing an Emergency Response Profile (ERP) to help businesses quickly recover from disasters. An ERP involves planning for potential disasters, identifying key contacts and service providers, gathering important building and equipment details, and documenting valuable assets. Having an ERP that is reviewed regularly and copies stored off-site can significantly improve a business's chances of continuing operations after a disaster.
Managing warehouse operations. How to manage and run warehouse operations by ...Omar Youssef
The document provides information about warehouse operations and goals. It discusses maximizing the effective use of space, equipment, labor and information. It outlines warehouse functions like receiving, storing, order picking and shipping. It also describes operational processes, inventory terms and costs, and opportunities to improve warehouse distribution. Controls are discussed around safety, fire prevention, theft and storing hazardous materials. Equipment and tools are also mentioned.
The document is a short eBook about leadership titled "The Second Little Book of Leadership". It contains short passages and quotes on various aspects of leadership. In under 3 sentences:
The eBook contains advice and insights on leadership from various sources, discussing topics such as what leaders do (create meaning), how leadership is learned through emulation, the importance of actions aligning with words, getting people engaged in their work, moving from a focus on oneself to the team, and creating more new leaders rather than just followers. The passages provide different perspectives on effective leadership strategies and behaviors.
CPFL Energia operates in the distribution, generation, commercialization, and transmission of electricity in Brazil. It has experienced strong growth through both organic expansion and acquisitions. As of 2007, CPFL Energia had 8 distribution companies serving over 6 million customers, 32 small hydroelectric plants and 8 large plants with over 1,500 MW of installed capacity. It also had a leading commercialization market share of 23%. CPFL Energia has consistently delivered high EBITDA and net income growth while maintaining a conservative capital structure and paying substantial dividends to shareholders.
World Federation of Investors Corporations CongressCPFL RI
Luciana Barbosa
Phone: 55 19 3756 6024
E-mail: luciana.barbosa@cpfl.com.br
Analyst Coverage
Banco do Brasil
BTG Pactual
Credit Suisse
Deutsche Bank
Goldman Sachs
HSBC
Itaú BBA
JP Morgan
Merrill Lynch
Morgan Stanley
Santander
UBS Pactual
19
World Federation Of Investors Corporations CongressCPFL RI
Luciana Barbosa
Phone: 55 19 3756 6024
E-mail: luciana.barbosa@cpfl.com.br
Analyst Coverage
Banco do Brasil
BTG Pactual
Credit Suisse
Deutsche Bank
Goldman Sachs
HSBC
Itaú BBA
JP Morgan
Merrill Lynch
Morgan Stanley
Santander
UBS Pactual
19
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.
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 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.
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.
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.
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.
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.
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, a major player in the market.
The key points are:
1) The Brazilian energy market is concentrated among a few large companies and state-owned entities still control a significant portion of generation assets.
2) CPFL Energia is one of the largest private companies in distribution and commercialization and the 4th largest in generation. It has a diversifying portfolio following recent acquisitions.
3) CPFL Energia has a track record of growth and operational efficiency as seen in its expanding capacity, increasing earnings, and focus on renewable energy sources like biomass.
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 for CPFL Energia, a major player within it. Some key points:
- The Brazilian energy market is concentrated among a few large companies and state-owned entities control around 70% of generation assets and 34% of the market share.
- CPFL Energia is the largest private company in distribution and commercialization in Brazil and the 4th largest generator, operating primarily in the southeast region.
- In recent years CPFL has expanded through acquisitions of distribution companies, generation plants, and stakes in other entities, totaling R$1.1 billion in investments.
The Brazilian electricity distribution market has 64 companies serving 63 million customers. In 2008, these companies distributed 393 terawatt-hours of energy. The top 5 distribution groups control 48% of the market, while state-owned companies make up 34% and private companies control 66% of the market. The document discusses market share breakdown and investment opportunities in Brazil's electricity distribution sector.
Apresentao Institucional 4 T09 Eng Final 18032010AES Eletropaulo
The document provides an overview of AES Brasil Group, which has 6,000 employees and serves 7 million clients. In 2009, AES Brasil had net revenue of R$8.05 billion and net income of R$1.06 billion. The document discusses AES Eletropaulo, the largest electricity distribution company in Latin America, and AES Tietê, which generates hydroelectric power. Both companies have continued to invest in infrastructure and expand operations.
The document provides an overview of AES Brasil Group, which has 6,000 employees and serves 7 million clients. In 2009, AES Brasil had net revenue of R$8.05 billion and net income of R$1.06 billion. The document focuses on two key subsidiaries, AES Eletropaulo and AES Tietê. AES Eletropaulo is the largest electricity distributor in Latin America, serving the São Paulo metropolitan region. AES Tietê operates 10 hydroelectric plants in São Paulo with total installed capacity of 2,657 MW. Both companies have steadily increased revenue and earnings in recent years through investments, operational improvements, and regulated tariff adjustments.
Similar to Merrill Lynch Bahia All-in-One Pan-LatAm Conference* (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.
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.
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 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 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.
2. Summary
Brazilian Electricity Sector
Balanço dos 3–anos de IPO
CPFL Energia Highlights and Results
CPFL Energia – Performance in the Capital Markets
2
3. Brazilian market has 64 distribution’s companies
Distribution Business: Distribution Market Share1 %
2006
Distributors (#) 64
CELESC 4.8%
Clients (million) 59.1 COPEL 6.7% EdB 5.7%
ENDESA 4.2%
Neoenergia
Distributed Energy (TWh) 347.4 7.3% Ashmore Energy
3.7%
CEMIG
Companhia
Energética
8.6%
Market Breakdown Brasiliana
Others 33,1%
Energia 12.1%
The 5 largest groups have 50% of market-share CPFL Energia
13.8%
State-owned companies: 34%
Private Company: 66%
Spreading proposes consolidation opportunities
1) 1Q07
3 Source: Aneel – Installed capacity: PDEE 2007-2016 Market breakdown: Acende Brasil
4. Brazilian market has 1,600 generation companies.
The public sector concentrates 72% of the assets
Generation Business: Generation Market Share %
2006
Generation Companies (#) 1,660
Installed Capacity
104,822
(MW)
Others 35%
CPFL Energia 2%
Chesf 10%
Duke 2%
AES Tietê 3%
Furnas 9%
Market Breakdown Copel 4%
Tractebel 6%
Eletronorte 9%
Cemig 6%
The 5 largest groups have 50% of the market CESP 7%
Itaipu 7%
State-owned companies: 72%
Private Company: 28%
Source: Aneel – Installed capacity: PDEE 2007-2016
4 Market breakdown: Acende Brasil
6. Summary
Brazilian Electricity Sector
Balanço dos 3–anos de IPO
CPFL Energia Highlights and Results
CPFL Energia – Performance in the Capital Markets
6
7. Since 1997, CPFL Energia has developed an aggressive strategy of
growth in distribution, generation and commercialization of energy
IPO
CPFL
Jaguariúna1
1997 1998 2000 2001 2002 2003 2004 2005 2006 2007
• CPFL Paulista’s Privatization Recent Acquisitions:
• CPFL Jaguariúna1 in Apr/07
• Acquisitions: 12 companies
• CPFL Santa Cruz in Oct/06
• Creation of 2 companies
• 11% of CEEE stake in HPP Foz do Chapecó in
• Spin-off and Restructuring: 5 companies
Aug/06
• Generation projects: 6 HPP (hydroelectric
power plant) • 32.69% of PSEG stake in RGE in May/06
• CPFL Sul Centrais Elétricas in Nov/05
7 1) Old company name: CMS Energy Brasil
8. The solidity achieved by CPFL reflects its operational efficiency
and the quality of the markets in which it operates
Distribution – 2007
Distribuitors (#) 8
Municipalities 568
Concession Area (in thousand km2) 208
Market Share (%) 13,8
Customers (million) 6.3
Concession Area Sales (GWh) 46.4751
8 Includes CMS 1) TUSD + Captive. Excludes CCEE sales.
9. Strong growth in distribution: organic and by acquisitions
DISTRIBUTION
IPO (Sep/04) – Distribution: 3 companies Sep/07 – Distribution: 8 companies
• May/06 – Acquisition of 32,69% stake of RGE
• Oct/06 – Acquisition of Cia. Luz e Força Santa Cruz
• Apr/07 – Acquisition of CMS Energy Brasil
• Companhia Paulista de Energia Elétrica
• Companhia Jaguari de Energia
(67.07%) • Companhia Sul Paulista de Energia
• Companhia Luz e Força Mococa
• Aug/07 – Acquisition of CERFRA’s assets
Operations in SP and RS States Operations in SP, RS, PR and MG States
Growth by
IPO – Sep/041 Organic Growth Dec/07 Var. %
Acquisition
Municipalities (#) 523 - 45 568 8.6%
Distribution Network (km) 165,8272 15,332 14,196 196,749 18.6%
Customers (thousand) 5,411 459 350 6,256 15.6%
Concession Area Sales -
33,2483 4,282 2,866 46,475 39.8%
Year (GWh)
Market Share 12.2% 0.8% 0.8% 13.8% 1.6 p.p.
1) Considers 100% of RGE, except for Concession area Sales 2) Data basis: Jun,04
9 3) Considers 67.07% of RGE Note: Concession Areas Sales (TUSD + captive market)
10. CPFL Energia: Distribution Business
DISTRIBUTION
Net Revenue – R$ billion EBITDA – R$ billion
44%
8.382 91%
7.060
6.323
5.804
2.472
2.011
1.595
1.295
2004 2005 2006 2007 2004 2005 2006 2007
Net Income – R$ billion Nº Customers – in million
327% 15%
1.380
6.3
1.073 5.5 5.6 5.7
756
323
2004 2005 2006 2007 2004 2005 2006 2007
10
11. Construction and repowering of power plants in line with the
generation growth strategy
GENERATION
Generation – 2007
In operation
Installed Capacity (MW) 1,673
Assured Energy (MWmedium) 842
HPPs (#) 9
SPPs (#) 33
Under Construction
Installed Capacity (MW) 501
Assured Energy (MWmedium) 257
HPPs (#) 2
Installed Capacity until 2010 (MW) 2,174
Campos Novos HPP Castro Alves HPP CPFL Sul Centrais Elétricas
11
12. Construction and repowering of power plants in line with the
generation growth strategy
GENERATION
33 HPP HPP HPP Complexo Ceran HPP
HPP
Power Plant Serra da Barra Campos Foz do
Lajeado HPP Monte HPP Castro HPP 14 de
SPP's Mesa Grande Novos Chapecó
Claro Alves Julho
CPFL Ownership (%) 100% 51,54% 25,01% 48,72% 6,93% 65% 65% 65% 51%
Installed capacity (MW) 147 657 173 429 63 85 85 65 436
Assured energy (MWmedium) 75 346 95 184 36 38 42 33 220
Commercial start-up (year) in operation
in operation 1Q08 3Q08
4Q08 2010
12 * Installed Capacity and Assured Energy related to CPFL´s stake.
24. Differentiated Corporate Governance: commitment with the best
practices
Shares lited on the Bovespa’s Novo Mercado
and ADR Level III – NYSE
100% common shares with 100% tag along
Free Float above 25%
Subsidiaries’ Bylaws aligned with CPFL
Energia’s Bylaws
Annual Report in compliance with the Global
Reporting Initiative – GRI
Ethics Code aligned with Sarbanes Oxley Law’s
recommendations
1 Independent Director
3 Commitees supporting the Board: Process
Management, Human Resources and Related-
Parties Committees
Dividend policy of minimum 50% semi-
annually
Disclosure and Trading of Securities Policies
24
25. Summary
Brazilian Electricity Sector
Balanço dos 3–anos de IPO
CPFL Energia Highlights and Results
CPFL Energia – Performance in the Capital Markets
25
28. CPFL Energia has consolidated its participation in the capital markets
Listed on the main indexes
MSCI Index
+ +
IPO 2005/2006 2007
Transparency and capital market proximity
• 37 APIMEC’s meetings – 12 per year
• 35 Conferences – 17 local and 18 international
• 19 Teleconferences and Webcast Results
594 one-on-one meetings... almost 1 meeting per business day
Sell side coverage 2004 2005 2006 2007
# of institutions 7 14 22 24
28 Events since the IPO
29. Market Recognition
• 1st place in Corporate Governance – Latin
America Electric Utilities – 2004
• 2nd place in Investor Relations – Latin America
• Best Publicly-traded Company – 2004
Electric Utilities – Sell Side – 2004
• 2nd place in Investor Relations – Latin America
Electric Utilities – Buy Side – 2004
• CPFL Energia – Deal of the Year in
• Quality Award – Best 2005 and 2007 Presentation
Latin America 2004 – Equity Category
• ExpoMoney 2006 Award – Respect to • ABERJE 2006 “Investor Relations”
Individual Investor • ABERJE 2006 and 2007: “Company of the Year in
• Special Mention Expomoney Circuit 2006 Corporate Communication”
• 9th ABRASCA Award – Annual Report
• 8th Best Company to Invest in – 2006
2007 Edition – 5th place
• Honorable Mention – Best
• Best Investor Relations
Corporate Governance
• Honorable Mention – Best Performance by a CEO/CFO
• Best Conference Call
Investor Relations in IPO • Honorable Mention – Best
• Best Investor Relations Program
Corporate Governance
(large cap)