Commission File Number 32297

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Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.  Form 20-F ___X___ Form 40-F _______

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]

 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.  

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If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_________________

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MINUTES OF THE 240^TH MEETING OF THE BOARD OF DIRECTORS

HELD ON APRIL 15, 2014

 

1. DATE, TIME AND PLACE: On April 15, 2014, at 7:00 p.m., the meeting was held via conference call, pursuant to Paragraph 1, Article 17 of the Bylaws of CPFL Energia S.A. (“CPFL Energia” or “Company”), located at Rua Gomes de Carvalho, nº 1510º, 14^o andar, conjunto 142, in the city and state of São Paulo.

 

2. CALL NOTICE: The meeting was called pursuant to Paragraph 3, Article 17 of the Company’s Bylaws.

 

3. ATTENDANCE: All the members of the Board of Directors (“Board”).

 

4. PRESIDING BOARD: Chairman – Murilo Cesar L. S. Passos and Secretary – Gisélia Silva.

 

5. AGENDA: Chairman – Murilo Cesar L. S. Passos and Secretary – Gisélia Silva.

 

6. RESOLUTION TAKEN: After examining the item on the Agenda, and based on the proposal from the Board of Executive Officers and the conditions described in Resolution No. 2014032-E of the Board of Executive Officers, pursuant to Article 17, item (p) of the Bylaws of the Company, the Board unanimously approved the execution of the New Energy Supply Agreement (“New Agreement”) by the subsidiary CPFL Geração, the successor to Empresa Energética S.A. (“Energisa” or “Private Partnership”) and Furnas under the conditions similar to those stipulated in Energy Supply Agreement No. 12,291, entered into by Furnas and Energisa on January 2, 1998 and later Amendments, which detailed the conditions of sale, by the Private Partnership to the Concessionaire, of fifty-one point five four percent (51.54%) of the power and energy of Serra da Mesa Hydroelectric Power Plant (“Serra da Mesa HPP”) for the remaining period of the lease of equipment belonging to CPFL Geração to the Concessionaire, from April 1, 2014 to April 16, 2028, at the price of one hundred fifty-six reais and seventy centavos (R$ 156.70) per megawatt hour (MWh) on the reference date of April 1, 2014, which will be adjusted annually for inflation based on the General Market Price Index (“IGP-M”).

 

 

 

 

 

 

7. CLOSURE: There being no further business to discuss, the meeting was adjourned and these minutes were drawn up, read, approved and signed by the Directors present and by the Secretary.

 

 

 

Gisélia Silva

Secretary

 

 

 

 

CPFL ENERGIA S.A.
	By:	/S/  GUSTAVO ESTRELLA
	Name: Title:	Gustavo Estrella  Chief Financial Officer and Head of Investor Relations