| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Mr. Rui Chammas CEO | B3 Exchange | BRTRPLACNPR1 ISIN |
| BR Country | 1,600 Employees | 14 Dec 2023 Last Dividend | 5 Apr 2019 Last Split | - IPO Date |
CTEEP, also known as Companhia de Transmissão de Energia Elétrica Paulista S.A., is a prominent player in Brazil's electric power transmission sector. Founded in 1999 and headquartered in São Paulo, the company has grown to command an impressive infrastructure network that facilitates the transportation of electric power across multiple states in Brazil. As of the end of 2022, CTEEP boasts a substantial installed transformation capacity of 84,000 MVA and maintains an extensive network of transmission lines and substations. With its infrastructure spanning 21,000 kilometers of transmission lines, 30,000 kilometers of circuits, and consisting of 133 substations, the company plays a critical role in the distribution of electricity to a wide geographical area. CTEEP's operations extend across several Brazilian states including Alagoas, Bahia, Espírito Santo, Goiás, Maranhão, Mato Grosso, Mato Grosso do Sul, Minas Gerais, Paraíba, Paraná, Pernambuco, Piauí, Rio Grande do Sul, Rondônia, Santa Catarina, São Paulo, and Tocantins, positioning it as a vital component of the national power grid and a key enabler of regional economic development.
CTEEP's core service involves the transmission of electric power through its extensive network of transmission lines and substations. By maintaining and expanding its infrastructure, CTEEP ensures the efficient and reliable delivery of electricity from generating stations to distribution networks, serving both residential and industrial customers across its operational regions. This is crucial for meeting the energy demands of Brazil's growing economy.
The company's total installed transformation capacity of 84,000 MVA highlights its capability to handle large volumes of electricity, transforming voltage levels to suit different stages of transmission and distribution. This capacity ensures that electricity can be delivered efficiently over long distances, minimizing losses and optimizing the power supply chain from generation to end user.
With 133 substations under its management, CTEEP is responsible for the critical tasks of operating and maintaining these facilities to ensure they perform optimally. Substations play a vital role in the transmission network by converting electricity into different voltages and redistributing it according to need. The company's expertise in substation management supports the stability and reliability of Brazil's electrical infrastructure.