This is the first time that the company has decided to invest in renewable energy.
CESP said it could either form a partnership to bid in the auctions, or participate in the special-purpose companies that control winning projects after the auction.
According to power regulator Aneel, CESP has a installed capacity of 6.6GW from five large hydroelectric power plants in the state of São Paulo, Brazil's most populated state and industrial hub.
Since