CESP-Companhia Energetica de Sao Paulo (CESP) is engaged in planning, construction and generation systems operation, and sale of electricity. The Company operates in the generation and sale of energy segment. The Company has approximately three hydroelectric plants, including Engineer Sergio Motta, which has an installed capacity of over 1,540 megawatts; Paraibuna, which has an installed capacity of approximately 87.02 megawatts, and Jaguari, which has an installed capacity of over 27.6 megawatts. The Company's hydroelectric plants total approximately 1,654.6 megawatts of installed capacity and over 1,081 megawatts of power physical guarantee. The Company sells its energy to the distribution concessionaires through auctions organized by the Public Authority through medium and long-term supply contracts.