Expansion
In 2016, ISA CTEEP resumed its participation in auctions, purchasing three lots of transmission projects totaling R$ 1,148.5 million and representing an expansion of 625 kilometers of transmission lines and 1,197 MVA of transformation capacity.
Capital market
In line with the market’s strong performance in 2016, ISA CTEEP’s shares continued the upward trend, closing the year at R$ 59.00 and R$ 64.87, with variations of 37.24% and 41.95%, respectively, compared to December 31, 2015.
Financial income (loss)
ISA CTEEP’s commitment to excellence in management and sustainable growth was proven by means of income (loss) achieved in the year: net operating income was R$ 7,789.2 million and net income was recorded at year end was R$ 4,949.3 million - the fruit of our efforts started in 2012 and the recognition of the Company’s regulatory remuneration base in May 2000.
ISA Manifest
We celebrate 50 years connecting countries and improving the quality of life for millions of people. This is our great responsibility. And we take on this responsibility by demanding – from ourselves, our partners and our allies – the level of excellence that has earned everyone’s trust. To honor the path we have taken, we must remain committed to everything we have yet to do.