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____.
SUMMARY OF RESOLUTIONS OF THE
175th MEETING OF THE BOARD OF DIRECTORS
CPFL Energia S.A. informs its shareholders and the market in general, that at the 175th Meeting of the Board of Directors held on April 27, 2011 the following matter was resolved:
I. Approval and Vote Recommendation: Issue of debentures by Centrais Elétricas da Paraíba – EPASA, with the provision of guarantee by CPFL Energia;
II. Approval and Vote Recommendation: Issues of debentures by subsidiaries CPFL Paulista, CPFL Piratininga, CPFL Brasil, CPFL Geração, RGE and CPFL Santa Cruz, with the provision of guarantee by CPFL Energia;
III. Approval and Vote Recommendation: Amendment of the Deed of 3rd issue of debentures of CPFL Geração, to change the measurement criteria of financial covenants, with the provision of guarantee by CPFL Energia;
IV. Vote Recommendation: Contracting of the subsidiary Chumpitaz Services S.A. by the subsidiaries CPFL Paulista, CPFL Piratininga, CPFL Santa Cruz, CPFL Mococa, CPFL Leste Paulista, CPFL Jaguari, CPFL Sul Paulista, RGE and CPFL Geração, to render services.
São Paulo, April 27, 2011.
CPFL ENERGIA S.A. | ||
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By: |
/S/ LORIVAL NOGUEIRA LUZ JUNIOR
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Name: Title: |
Lorival Nogueira Luz Junior 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.