CPFL Energias Renovaveis : Notice on related party transactions

CPFL ENERGIAS RENOVÁVEIS S.A.

Publicly held company

CNPJ/MF nº 08.439.659/0001-50

NIRE 35300335813

ANNOUNCEMENT TO THE MARKET

TRANSACTIONS BETWEEN RELATED PARTIES

São Paulo, September 9, 2019 - CPFL Energias Renováveis S.A. ("Company" or "CPFL Renováveis") in compliance with ANNEX 30-XXXIII of Instruction nr. 480 of the Brazilian Securities and Exchange Commission ("CVM"), as from December 7, 2009, as amended by CVM Instruction nr. 552, as from October 9, 2014, hereby informs its shareholders and the market in general that the following transaction with related parties was approved in a meeting of the Board of Directors of the Company held on August 29th, 2018 and executed on September 3rd, 2019, 2019:

	Parties				CPFL Energias Renováveis S.A. ("CPFL Renováveis") and
1.					CPFL Comercialização Brasil S.A. ("CPFL Brasil")
	Relation with CPFL Renováveis	CPFL Renováveis is an indirect subsidiary of CPFL Energia,
2.					through CPFL Geração de Energia S.A. and CPFL Brasil is
					an direct subsidiary of CPFL Energia.
3.	Object				Long Term Power Purchase Agreement (PPA).
	Main terms and conditions		CPFL Renováveis and CPFL Brasil have entered into a Long
					Term PPA in which CPFL Brasil purchases energy from
					four (4) wind farms operated by CPFL Renováveis. The
4.					scope of the PPA involves the delivery of renewable
				energy with 50% (fifty per cent) discount on the wire
					costs, the so called "Energia Incentivada 50%", with
					monthly payments, resulting in a total amount of R$ 704
					million during ten (10) years.
	Form and to what extent the	The transaction was approved by the Board of Directors
	counterparty in the transaction, its	of CPFL Energia and by the Board of Directors of CPFL
	partners or administrators participated	Renováveis, both held on August 29th, 2018, with the
	in the process of the: a) decision of the	abstention of vote from CPFL Energia's representatives.
5.	issuer about the transaction, describing
	such participation; and b) negotiating
	the transaction as representatives of
	the	issuer,	describing	such
	participation;
	Detailed justification of the reasons	CPFL Brasil carries out energy purchase and sale
	why the CPFL management considers	operations in order to take advantage of market
	that the transaction has observed	opportunities. CPFL Renováveis develops energy projects
6.	commutative	conditions or	provides	to participate in energy auctions or to sell in the Free
for adequate compensatory payment:	Market through public calls to the Market.
					The transaction was executed in the context of a Public
	a) If the company requested for	Request for Proposals performed by CPFL Renováveis
	proposals, performed any submission	with the publication of a public notice with wide

of prices' procedure, or tried other form to accomplished third party transactions, explaining, If not, the reasons for not did, If so, the procedures accomplished and its results;

1. the reason that led the company to execute the transaction with a related party and not with a third party;
2. Detailed justification of the measures and procedures taken to ensure the operation commutativity.

disclosure to the market, to sell energy from projects under development. Besides CPFL Renováveis have received other proposals from the market, the proposal from CPFL Brasil was the winner.