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CTPTY Stock, Companhia de Transmissao de Energia Eletrica Paulista Information

Stock Information

Company Name: Companhia de Transmissao de Energia Eletrica Paulista
Stock Symbol: CTPTY
Market: OTC

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About Companhia de Transmissao de Energia Eletrica Paulista

Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.