Company type | Sociedade Anônima |
---|---|
B3: CPFE3 NYSE: CPL Ibovespa Component | |
Industry | Electricity |
Founded | 1912 |
Headquarters | , |
Key people | Gustavo Estrella (CEO) |
Products | Electric power |
Services | Electric power distribution |
Revenue | US$ 8.0 billion (2017)[1] |
US$ 362.0 million (2017)[2] | |
Number of employees | 7,924 |
Parent | State Grid (83.71%) |
Subsidiaries | CPFL Renováveis CPFL Brasil CPFL Piratininga CPFL Paulista CPFL Geração AES Sul |
Website | www |
CPFL Energia (former name: Companhia Paulista de Força e Luz) is the second largest non state-owned group of electric energy generation and distribution in Brazil and the third biggest Brazilian electric utility company, after Eletrobras and Energisa. The corporation is composed by CPFL Brasil, CPFL Piratininga, CPFL Paulista, CPFL Geração, CPFL Renováveis, Rio Grande Energia (RGE) and SEMESA. Each of these companies operates as a holding company that owns dozens of other companies. Its headquarters are located in Campinas, the third-largest city in state of São Paulo.[citation needed] In 2017, it was purchased by the Chinese utility State Grid Corporation of China, a state-owned enterprise under State-owned Assets Supervision and Administration Commission of the State Council.