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. 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.
Operating segments
CPFL Energia and its subsidiaries operates in the segments of generation, distribution and commercialization of electric energy and renewable energy, in addition the company in the segment of value-added services.
In the Distribution segment the company has 13.0% of the market share, CPFL Energia heads the distribution segment through its eight distributors. All together, these distributors serve 569 municipalities, and in 2011 accounted for the distribution of electric energy to 18.0 million customers in the States of São Paulo, Rio Grande do Sul, Paraná and Minas Gerais.[3]