Companhia Estadual de Distribuicao de Energia Eletrica CEEED. Stock Analysis CEED4.SA

Companhia Estadual de Distribuição de Energia Elétrica engages in the management, operation, construction and maintenance of electric power distribution service. The company is headquartered in Porto Alegre, Rio Grande Do Sul. The company went IPO on 2010-09-06. The firm is involved in the design, construction and operation of distribution systems of electric power. The firm holds the concession for the public service of electric energy distribution in the Brazilian state of Rio Grande do Sul. As of December 31, 2011, the Company operated in 72 municipalities, serving approximately 1.5 million consumers. Additionally, the Company has four plants of preserved wood production nurseries, located in the Brazilian municipalities of Alegrete, Candiota and Triunfo. The company produces wooden posts used in the construction and maintenance of electrical networks.