About CTEEP

GRI 2.9 EU4

CTEEP - Companhia de Transmissão de Energia Elétrica Paulista - has been active in Brazil's electricity transmission market for 15 years. It is considered one of the top private-sector electric utilities in Brazil. (GRI 2,1; 2,5; 2,6; 2,7; 2,8)

CTEEP is a publicly-held corporation controlled by Grupo ISA (37.8%). The remaining owners are Eletrobrás (35.2%), the São Paulo State Government (6.1%), Vinci (3.9%) and over 61 thousand individual and corporate shareholders. (GRI 2,3; 2,9)

ISA

ISA leads major infrastructure projects directly or through its 33 branches and subsidiaries; thus, it promotes the development of the continent and the citizens of Colombia, Brazil, Peru, Bolivia, Ecuador, Argentina, Panama and Central America.

As a result, its main business activities are electricity transmission, telecommunications transportation, road concession management of and real-time intelligent systems.

In its 45-year history, the company has been recognized for its efficient, reliable services, as well as great respect for Human Rights and the environment, to promote regional competitiveness and sustainability, improve life quality and develop the communities in which it is present with the help of a team of 3,765 highly skilled and committed professionals.

At the close of 2013, ISA recorded US$ 13.3 billion in assets, US$ 1.9 billion in revenue and net income of US$ 225 million.

ISA, a socially responsible company with an ethical culture, is committed to initiatives such as the Global Compact, the Millennium Development Goals and climate change, thus creating value for its stakeholders, companies and future generations.

Eletrobras

Eletrobrás is an electricity generation, transmission and distribution company. It leads a system of 12 subsidiaries, a holding company (Eletrobras Eletropar), a research center (Eletrobras Cepel) and half the capital of Itaipu Binacional. A publicly-held corporation controlled by the Brazilian government, Eletrobrás focuses on the profitability, competitiveness, integration and sustainability of its business.

Considered the largest electric utility in Latin America, the São Paulo-based company provides electricity - in addition to well-being and development - for Brazilians through its 169 hydropower, thermal and thermonuclear plants, wind farms, over 50% of Brazil's transmission lines and six distribution companies.

Eletrobrás's main clients are other electric utilities, as well as electricity distributors and free consumers. The Company has five Regional Offices in São Paulo State cities (Cabreúva, Taubaté, Bauru, Jupiá and São Paulo), one Transmission Operation Center (COT) in Jundiaí, and one Backend Operation Center (COR) in Cabreúva. Furthermore, it has 106 substations located in the state of São Paulo, with voltage of up to 550 kV and 30,273 transmission towers. (GRI 2,3; 2,4; 2,7; 2,8)

This structure allows the company to carry about 30% of all electricity produced in Brazil per year and about 60% of the energy consumed in Southeastern Brazil. In addition, its subsidiaries provide electricity in 16 states: Rio Grande do Sul, Santa Catarina, Paraná, São Paulo, Minas Gerais, Espírito Santo, Rondônia, Mato Grosso, Mato Grosso do Sul, Goiás, Tocantins, Maranhão, Piauí, Paraíba, Pernambuco and Alagoas.

In 2013, 141,161 Gigawatts-Hour (GWh) was carried through CTEEP's assets, an energy grid made up of 13,516 km of lines, 18,892 km of circuit and 106 substations with voltage of up to 550 kV. This grid interconnects generators' and other transmission companies' connection points with free clients and distribution grids, which take energy to final consumers. (GRI 2,8)

(GRI EU4) Length of Transmission Lines and Circuits
Voltage	Line Length (km)	Circuit Length (km)
440 kV	5,092	6,334
345 kV	443	715
230 kV	1,250	1,418
138 kV	5,426	8,938
88 kV	1,303	1,485
69 kV	2	2
TOTAL	13,516	18,892
	(Underground lines account for 33km of this total.)	(Underground circuits account for 74 km of this total.)
At the close of 2013, the Company reviewed the figures for line and circuit length, based on its own records and documents. As a result, it had to revise down the numbers posted in the 2012 report.

The Company's net operating revenue amounted to R$ 981.2 million and net income to R$ 31.9 million in 2013, a sharp fall year-over-year due to the impact of the extension of concession contract 059/2001. The company maintained at the same level its investments in reinforcement works, authorized by ANEEL; in improvements to make the system more reliable; and in projects connected with ANEEL's auctions to make new connections.