The Canada Pension Plan Investment Board - CPPIB, through its Direct Equity Investments area for Latin America, acquired 8 million 39 thousand common shares issued by Equatorial Energia S.A. (approximately 4.0% stake),
The shares were acquired on the Bovespa for an approximate average value of R $ 82.0 / EQTL3, totaling approximately R $ 660 million.
CPPIB may seek the election of members of the Board of Directors at future shareholders' meetings
Unparalleled Turnaround History of Power Distribution Companies
Market Value of R $ 16.5 Billion (1)
Equatorial is one of the leading companies in the Brazilian electricity sector, with operations in distribution, transmission, power generation and energy trading.
Distribution, through CEMAR, Maranhão, CELPA, Pará, CEPISA, Piauí, and Ceal, Alagoas
Transmission, with 8 projects still in the pre-operational stage and Intesa, an operating line that crosses the states of Tocantins and Goiás,
Geramar Thermoelectric (Generation); Sol Energias (Marketing), and 55 Solutions (Services)