Companhia Energetica de Sao Paulo - Company Profile
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Companhia Energetica de Sao Paulo (CESP) is a subsidiary of VTRM Energia Participacoes SA, is an integrated electric utility. The company plans, constructs, and operates electric energy generation and commercialization systems. It produces energy using hydro and other renewable sources. CESP owns Porto Primavera and Paraibuna hydroelectric power plant in the State of Sao Paulo in Brazil. The company sells its energy in the Southeast and Midwest submarket electric energy markets in Brazil. CESP is headquartered in Sao Paulo, Brazil.
Headquarters
Brazil
Address
Avenida Dra. Ruth Cardoso, 7.221,12 Andar, Pinheiros, Sao Paulo, 05.425-902
Website
www.cesp.com.br
Telephone
55 11 30922807
Industry
Alternative Energy
Companhia Energetica de Sao Paulo premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Distribution |
| Transmission |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Others | In January, the company announced judicial ratification of the agreement involving the indemnification of Usina Hidreletrica Tres Irmaos. |
| 2019 | Others | In January, the company's 40% stake was acquired by the VTRM Energia Participacoes SA, is a joint venture of Votorantim Energia and CPP Investment Board. |
| 2016 | Plans/Strategy | In November, Government of Sao Paulo plans to sell its stake in Companhia Energetica de Sao Paulo. |
Competitor Comparison
| Key Parameters | Companhia Energetica de Sao Paulo | EDP - Energias do Brasil SA | Engie Brasil Energia SA | CPFL Energias Renovaveis SA | Companhia Energetica de Brasilia |
|---|---|---|---|---|---|
| Headquarters | Brazil | Brazil | Brazil | Brazil | Brazil |
| City | Sao Paulo | Sao Paulo | Florianopolis | Sao Paulo | Brasilia |
| No. of Employees | - | 3,337 | 1,215 | - | 845 |
| Entity Type | Private | Private | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Fabio Rogerio Zanfelice | Chairman | Executive Board | - | - |
| Mario Antonio Bertoncini | Chief Executive Officer; Investor Relations Officer | Senior Management | 2019 | - |
| Marcelo Antonio de Jesus | Chief Financial Officer | Senior Management | 2019 | - |
| Glaisy Peres DominguesPaulo | Vice Chairman; Director | Executive Board | - | - |
| Carlos Alberto Dias Costa | Director - Generation | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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