Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
CPFL ENERGIA S.A.
Publicly Held Company
CNPJ nº 02.429.144/0001 -93
NIRE 35.300.186.133
RELEVANT FACT
CPFL Energia S.A. (CPFL Energia), in the capacity of controlling shareholder of NOVA 4 PARTICIPAÇÕES LTDA. (Nova 4) specific purpose company , and in compliance with the terms of paragraph 4, article 157, of Law No. 6,404, 1976, and Instruction CVM No. 358, of 2002, issues the following communiqué to its shareholders and to the market.
1. On this day, Nova 4, together with the Companhia Brasileira de Alumínio (CBA) commemorate a share sale-and-purchase contract (Contract), through which Nova 4 will acquire 344,040,211 ordinary shares and 27,703,472 preferential shares (the Shares), respectively the sum of CBAs shareholding and the share issuance of the Companhia Luz e Força Santa Cruz (Santa Cruz), which represents 99.99% of its stock (the Acquisition).
2. The total acquisition value of the shares will be R$ 203,000,000.00 (Acquisition Value), which might be adjusted occasionally for closing agreement after the approval of the National Electric Power Agency (ANEEL), being the Acquisition Value was agreed between the parties, respecting the business practices.
3. The implementation of the acquisition is subject to predetermined conditions specified in the Contract, among which is the prior approval of the ANEEL for the share transference.
4. The Acquisition will be submitted to the Brazilian Anti-Trust System under the terms of the applicable laws and regulations.
5. CPFL Energia will keep the shareholders and the stock market informed regarding the implementation of this Acquisition.
São Paulo, October 2nd 2006
José Antonio de Almeida Filippo
Financial Vice President and Head of Investor Relations
CPFL ENERGIA S.A.
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By: /S/
JOSÉ ANTONIO DE ALMEIDA FILIPPO
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Name: José Antonio de Almeida Filippo
Title: Chief Financial Officer and Head of Investor Relations
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.