CTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A. (BOVESPA:TRPL4) entered into an share purchase agreement to acquire Sf Energia Participacoes SA from Wire Fundo de Investimento em Participações Multiestratégia and Fundo de Investimento em Participações em Infraestrutura Kavom for BRL 1.6 billion on December 2, 2020. As per the agreement, CTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A. will be indirectly acquiring Piratininga-Bandeirantes Transmissora de Energia SA shares through the acquisition of its controlling shareholder Sf Energia Participacoes SA. The consideration comprise of BRL 1.594 billion, considering an estimated net debt of BRL 0.292 billion on December 31, 2020, and subject to the price adjustment mechanisms established in the purchase agreement. The capital structure of the acquisition should be approximately 20% own resources of CTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A and around 80% via funding in the capital market, including the refinancing of the current debt. The completion of transaction is subject to approval by the Brazilian Electricity Regulatory Agency (ANEEL), approval by Brazil’s antitrust agency Conselho Administrativo de Defesa Econômica (CADE) and approval by the shareholders of CTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A. As of January 4, 2021, Brazil’s antitrust agency Conselho Administrativo de Defesa Econômica (CADE) has approved the deal. Flavio Meyer and Rafael de Almeida Rosa Andrade of Stocche Forbes and Ana Karina Esteves de Souza, Celso Costa, Décio Pio Borges de Castro, Gustavo Rugani do Couto e Silva, Paulo de Tarso do Carmo Machado, Carlos Pacheco Fernandes and Heloisa Zerbinatti Sato of Machado Meyer acted as legal adviser for Wire Fundo de Investimento em Participações Multiestratégia and Companhia de Transmissão de Energia Elétrica Paulista respectively. CTEEP - Companhia de Transmissão de Energia Elétrica Paulista S.A. (BOVESPA:TRPL4) completed the acquisition of Sf Energia Participacoes SA from Wire Fundo de Investimento em Participações Multiestratégia and Fundo de Investimento em Participações em Infraestrutura Kavom on March 2, 2021. The consideration comprise of BRL 1.571 billion, considering an estimated net debt of BRL 0.330 billion on December 31, 2020. The transaction completed after the fulfillment of precedent conditions established in the share purchase agreement, such as approval from CADE, Brazil’s antitrust authority, and Aneel, the Brazilian Electricity Regulatory Agency.