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 .
23-509: 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
46-647: A 25% stake in REN since the second stage of its privatization (in 2012–2014). In Australia, State Grid owns a 41% stake in ElectraNet , a 19.9% stake in AusNet Services , and 60% stake in Jemena . In Brazil, State Grid is involved in developing, building, and operating hydropower facilities. State Grid acquired the control of CPFL Energia S.A. for the equivalent of US$ 3.4 billion in 2017. State Grid built
69-528: A 54.64% interest in CPFL Energia and its subsidiary CPFL Energias Renovaveis SA for 17.36 billion reais ($ 5.68 billion). In November 2017, they purchased an additional interest (taking their ownership to 94.75%) for the equivalent of US$ 3.4 billion. In June 2019, China Grid, through a share offering, reduced its stake to 83.71%. Before the National Grid takeover, Camargo Corrêa and Bradespar were
92-835: Is one of the two Chinese state-owned enterprises established in 2002 in a power system reform promulgated by the State Council , the other being the State Grid Corporation of China (SGCC). It is overseen by the State-owned Assets Supervision and Administration Commission of the State Council and it manages investment , construction and management of power transmission , transformation and distribution covering China 's five southern provinces of Guangdong , Guangxi , Yunnan , Guizhou and Hainan , while power generation
115-542: Is the world's largest energy utility company. It operates almost all of China's energy transmission network. On December 12, 2007, two consortia bid for a 25-year license to run the Philippines power grid—privatization of the management of the Philippine government-owned National Transmission Corporation (TransCo), the consortium of Monte Oro Grid Resources Corp., led by businessman Enrique Razon, comprising
138-454: The Philippine government to the private sector after 72 years and 2 months since the establishment of another government-owned corporation serving as TransCo's predecessor in power grid operations, management, and ownership National Power Corporation (NAPOCOR/NPC) that operated, maintained, and owned the grid from November 3, 1936 to March 1, 2003. The franchise and concession period will end on December 1, 2058. In Portugal, State Grid has
161-514: The State Grid , is a Chinese state-owned electric utility corporation. It is the largest utility company in the world. As of March 2024 , State Grid is the world's third largest company overall by revenue , behind Walmart and Amazon . In 2023 it was reported as having 1.3 million employees, 1.1 billion customers and revenue equivalent to US$ 546 billion. It is overseen by the State-owned Assets Supervision and Administration Commission of
184-450: The 2000 km Ultra High Voltage power line delivering hydropower to the megacities Rio de Janeiro and São Paulo. In Chile, State Grid acquired Chilquinta Energía, the third-largest distributor of electricity in Chile , and Tecnored SA, which provides construction services to Chilquinta, from U.S. power company Sempra Energy . The deal was closed on June 24, 2020. On 13 November 2020, it
207-596: The Brazil being leader in this sector with 21% market share with more than 10,500 GWh in sales of energy in Brazil. CPFL Energia operates in the segment of Generation of renewable energy sources through CPFL Renováveis . It owns a 63.0% interest in CPFL Renováveis through CPFL Geração, with 35.5% and CPFL Brasil with 27.5%. In January 2017, the Chinese government-owned State Grid Corporation of China purchased
230-553: The State Council . After the electricity Plant-Grid Separation reform in early 2002, the assets of State Electric Power Corporation ( 国家电力公司 ) were divided into five power generation groups that retained the power plants and five regional subsidiaries belonging to the State Grid Corporation of China in Beijing . China began an initiative to reform the country's power sector in a three-stage process in 1986. In
253-534: The State Grid Corporation of China and a smaller China Southern Power Grid Company . SGCC accounts for 80% of the Chinese grid, with China Southern Power Grid accounting for the other 20%. At its creation, SGCC company had a generation capacity of 6.47 gigawatts. In 2003 and progressively so through the early 2000s, electrical shortages caused the government to institute rolling blackouts. The State Grid Corporation estimated there were 1 trillion yuan in losses from 2002 to 2005. The State Grid Corporation of China ran
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#1732787409568276-597: The State Grid Corporation of China, and Calaca High Power Corp., won an auction conducted by the Power Sector Assets and Liabilities Management (PSALM) Corp. as it submitted the highest offer of $ 3.95 billion, for the right to operate TransCo for 25 years, outbidding San Miguel Energy, a unit of the Filipino San Miguel Corporation (bid of $ 3.905 billion), Dutch firm TPG Aurora BV, and Malaysia's TNB Prai Sdn Bhd. This initiated
299-528: The captive market totaled 39,917 GWh, up 1.7%. The company is also one of the largest Brazilian companies in the Generation segment 41 operating plants, 8 Power Plants (PPH), 33 Smal lHydro Power (SHP) and Thermoelectric which together represent an installed capacity of 1672 MW, 831 average MW of assured energy and 2% market share. In the Commercialization segment the company operates around
322-574: The commission. In 2017, his assets (worth 53 million yuan) were seized, and he was sentenced to life in prison . In 2015, SGCC proposed the Global Energy Interconnection , a long-term proposal to develop globally integrated smart grids and ultra high voltage transmission networks to connect over 80 countries. The idea is supported by President Xi Jinping and China in attempting to develop support in various internal forums, including UN bodies. As of at least 2024, SGCC
345-409: The company planned to have three more horizontal UHV lines through West Inner Mongolia to Weifang , from Central Shanxi – Xuzhou to Yaan –southern Anhui and 11 other lines by 2015. On October 29, 2014, The Central Commission for Discipline Inspection declared that the general manager of State Grid Shanghai Municipal Electric Power, Feng Jun, was detained in an anti-graft operation overseen by
368-537: The country's power grid in December 2008. On January 15, 2009, TransCo turned over the operations, maintenance, management, construction, expansion, and eminent domain of the Philippine power grid and its related assets and facilities to NGCP which marked the start of the 25-year concession period and franchise and renewable for another 25 years with a total of 50 years, which privatized and turned them over from
391-625: The distribution of electric energy to 18.0 million customers in the States of São Paulo, Rio Grande do Sul, Paraná and Minas Gerais. In 2011, of particular note was the growth in sales within the distribution companies’ concession areas, which totaled 54,590 GWh, a 4.9% increase. Of this, 14,674 GWh were invoiced in the form of the Tariff for the Use of the Distribution System (TUSD). Sales to
414-622: The first 1,000-kilovolt alternating current power line between Northern Shanxi and center Hubei in January 2009. In 2012 it began operation of an 800-kilovolt direct current line that sends hydropower from western Sichuan to Shanghai. It also has an alternating current loop line in the Yangtze River delta, and three longitudinal alternating current lines that bring power to Southern China from the Northern region. The State Grid Corporation
437-583: The largest shareholders of CPFL Energia. In July 2021 CPFL Energia, of the Chinese group State Grid, bought the electric company CEEE-T (CEEE Transmissão), from Rio Grande do Sul, in a privatization auction, for R$ 2.67 billions. 22°51′29.77″S 47°02′43.59″W / 22.8582694°S 47.0454417°W / -22.8582694; -47.0454417 State Grid Corporation of China Huang Dean (Chief Compliance Officer) Zhang Zhigang (President) Pan Jingdong (Executive Vice President) The State Grid Corporation of China ( SGCC ), commonly known as
460-773: The privatization process for the transmission sector. The resulting consortium became the National Grid Corporation of the Philippines (NGCP). On February 28, 2008, TransCo's concession agreement with NGCP was executed and became effective. The agreement between NGCP and TransCo was signed by TransCo president Arthur Aguilar, PSALM president Jose Ibazeta, and NGCP directors Walter Brown, Elmer Pedregosa and Du Zhigang. In November of that same year, Congress approved bicameral resolution granting franchise to NGCP to manage and operate its transmission facilities nationwide. President Gloria Macapagal Arroyo signed Republic Act 9511 which granted NGCP to operate and manage
483-627: The third and final stage in March 2002 the State Council of the People's Republic of China put into effect a plan to restructure the country's electric power system in order to create competition and separate generation and transmission functions. The State Grid Corporation of China was founded on December 29, 2002, when the restructuring divided the former State Power Corporation of China into two grid companies, five generation groups and four accessorial business companies. The two grid companies created were
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#1732787409568506-516: Was announced that State Grid had reached an agreement to acquire Compañia General de Electricidad (CGE), the largest distribution of electricity in this country. In Italy, State Grid owns 35% stake in CDP Reti , which owns a third of Italy's power and gas grid operators Terna and Snam. China Southern Power Grid Company China Southern Power Grid Company Limited ( CSG ; Chinese : 中国南方电网 ; pinyin : Zhōngguó Nánfāng Diànwǎng )
529-474: Was involved in a multi-phase smart-grid project for China's electrical grid planned for 2011–2015. China's smart grid efforts are different from those in the United States in that its plans heavily use ultra high voltage (UHV) lines. Several UHV construction projects began in 2012 to bring UHV power lines across Huainan , Wannan, and Shanghai and another from Xilingol League to Nanjing . By 2015,
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