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
259th MEETING OF THE BOARD OF DIRECTORS
CPFL Energia S.A. informs its shareholders and the market in general, that at the 259th Meeting of the Board of Directors held on January 28, 2015 the following matters were resolved:
I. |
Approval: Accounting recognition of CPFL Energia’s tax credits - CVM Instruction 371/2002 and CVM Resolution 599/2009; |
II. |
Approval: Methodology for Calculation of the Generation Market Risk Limit; |
III. |
Approval and Vote Recommendation: Change in the parameters of the 2015 Funding Plan (2016 Prefunding and Liability Management) for future borrowings by the subsidiaries, with granting of guarantee by CPFL Energia (CPFL Paulista, CPFL Piratininga, RGE, CPFL Geração, CPFL Brasil, CPFL Santa Cruz, CPFL Leste Paulista, CPFL Sul Paulista and CPFL Energia); |
IV. |
Ratification: Acquisitions of electric energy from conventional and subsidized sources by CPFL Brasil, and granting of guarantee by CPFL Energia; and |
V. |
Other matters unrelated to CVM Instruction 358/2002, as amended. |
São Paulo, January 28, 2015.
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.