(SeeNews) - Jan 10, 2012 - CPFL Renovaveis, the company which resulted from the merger of the renewable assets of Brazil's power firm CPFL Energia (SAO:CPFE3) and green energy investment player ERSA, will invest BRL 1.6 billion (USD 872.8m/EUR 682.1m) in 2012, according to local and international media publications.