Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____.
CPFL Energia S.A.
Publicly held Corporation
CNPJ 02.429.144/0001-93 - NIRE 353.001.861-33
MATERIAL FACT
CPFL Energia S.A., a publicly held company, with its headquarters in the City of Campinas, State of São Paulo, at Rodovia Engenheiro Miguel Noel Nascentes Burnier, km 2.5, Parque São Quirino (“Company”) as requested by the applicable law, herein communicates to its shareholders and the general market of the merger of the distribution companies Companhia Luz e Força Santa Cruz (“CPFL Santa Cruz”), Companhia Leste Paulista de Energia (“CPFL Leste Paulista”), Companhia Sul Paulista de Energia (“CPFL Sul Paulista”) and Companhia Luz e Força de Mococa (“CPFL Mococa” (“CPFL Mococa”, together (“Mergee Companies”) into Companhia Jaguari de Energia (“CPFL Jaguari”) (“Transaction”).
In 11/21/2017, by means of the Resolution for Authorization n. 6,723/2017, the National Agency for Electric Power (Agência Nacional de Energia Elétrica – “ANEEL”) agreed on the grouping of the concessions of the five companies listed above, through the merger of all the assets of the Mergee Companies into CPFL Jaguari, on December 31, 2017.
The Board of Executive Officers and the Board of Directors of the Company evaluated the offer and concluded that the Transaction, in addition to streamline the current corporate structure of the Company’s assets will optimize the administrative and operational costs with large-scale savings and synergy, as of 2018.
As a result of the Transaction and relevant transfer of the assets of the Mergee Companies to CPFL Jaguari, the Mergee Companies no longer exist and the capital stock of CPFL Jaguari changed from R$ 20,632,104.68 to R$ 170,396,184.74, divided into 359,058,396 nominal shares with no par value, being 347,311,607 common shares and 11,746,789 preferred shares with no voting right, totally paid in, held by the Company, who holds the total equity interest of CPFL Jaguari.
Further information regarding the transaction will be available in Portuguese in the Company website (https://cpfl.riweb.com.br).
Campinas, January 2nd, 2018.
Mr. Gustavo Estrella
Chief Financial and Investor Relation Officer
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CPFL ENERGIA S.A. | ||
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By: |
/S/ GUSTAVO ESTRELLA
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Gustavo Estrella Chief Financial Officer and Head of Investor Relations | |
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