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  September 5, 2001
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Home > Company Index > Utilities > Electric Utilities > CESP-Companhia Energetica de Sao Paulo

CESP-Companhia Energetica de Sao Paulo
OTC: CESQY
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 PROFILE
Privatization is the name of the game for CESP - Companhia Energética de São Paulo, which generates 50% of the electricity used in the Brazilian state of Sao Paulo through six hydroelectric plants with a total capacity of about 6,500 MW. CESP previously had 22 power plants, but it spun off two generating companies and a transmission company in 1999. Later that year Duke Energy bought one generating company and AES Corp. bought the other. Now the new, whittled down CESP is up for auction. Companies expected to bid on CESP include Duke Energy, Sithe Energy, and American Electric Power, although the company is expected to continue operations after the sale.

 COMPETITION
Centrais Eletricas Brasileiras S.A. - ELETROBRAS (CAIFY)
Eletropaulo Metropolitana Eletricidade de São Paulo S.A. (ELPL4)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 680.70
1-Yr. Sales Growth: (20.5)%
Employees: 1,596
Revenue per employee: $426,503.76

 KEY PEOPLE
• Guilherme Augusto Cirne de Toledo
    CEO
• Julio Cesar Lamounier Lapa
    CFO

 CONTACT INFO
Rua da Consolacao, 1.875
CEP 01301 -100 Sao Paulo SP, Brazil
Phone: 55-11-234-6322
Fax: 55-11-287-0871
Online: Web Site

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