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. (“CPFL Energia”), in compliance with the provisions of article 157, paragraph 4 of Law No. 6,404/76 (“Corporation Law”), and Brazilian Securities Commission (“CVM”) Instruction No. 358/2002, complementing the Material Facts released on September 2, 22, 23 and 28, 2016 and November 23, 2016, informs to its shareholders and to the market in general that the National electricity regulatory agency (“ANEEL”) approved, on this date, the request for consent for the transfer of shares issued by CPFL Energia held by the shareholders of its controlling block ("Controlling Shareholders") to State Grid Brazil Power Participações Ltda. ("State Grid"), a Brazilian subsidiary of State Grid International Development Limited.
This authorization was the last condition precedent for the occurrence of the closing of the transaction and the consummation of the transfer of shares issued by CPFL Energia held by the Controlling Shareholders to State Grid, which will occur on a date to be duly informed.
The publication of the approval in the Official Gazette shall take place in the next few days, and CPFL Energia will inform its shareholders and the market in general when the effective transfer of the shares to State Grid occurs or about any other material developments regarding the facts now reported that are informed by the parties to the transaction.
São Paulo, December 13, 2016.
Gustavo Estrella
Chief Financial and Investor Relations Officer
CPFL ENERGIA S.A. | ||
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By: |
/S/ GUSTAVO ESTRELLA
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Name: Title: |
Gustavo Estrella Chief Financial Officer and Head of Investor Relations |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.