(ADPnews) - Apr 21, 2011 - CPFL Energias Renovaveis, the company resulting from the merger of the renewable energy assets of Brazilian CPFL Energia (SAO:CPFE3) and Ersa Energias Renovaveis, plans to invest BRL 5.4 billion (USD 3.448bn/EUR 2.366bn) in the period 2011-2013.