CPFL Energia successfully acquired a transmission lot in the ANEEL Auction No. 4/2025, reinforcing its strategy for expansion within Brazil's energy sector.

Information on the Target

CPFL Energia is one of Brazil's largest private electric utility groups, focused on several sectors, including electricity distribution, generation, and transmission. The company recently participated in the ANEEL Auction No. 4/2025, where it secured Lot 3, which includes transmission assets across the states of Rio Grande do Sul and Paraná. This strategic acquisition aligns with CPFL Energia's expansion plans within the transmission sector, which is critical for the development of Brazil's electric infrastructure.

In this auction, CPFL Energia won with a bid featuring a significant discount of 53.93% from the maximum established Annual Permitted Revenue (RAP) as outlined in the auction notice. The company aims to construct approximately 115 kilometers of new 230 kV transmission lines and enhance transformation capacity to 525 kV, with an estimated investment of R$ 1.1 billion and a project execution period of 48 months.

Industry Overview in Brazil

The Brazilian electricity sector has been undergoing substantial transformations aimed at improving service reliability and facilitating the country's energy transition. Key players in the industry, like CPFL Energia, are increasingly