ELP earnings

CURITIBA, Brazil, March 23, 2022 /PRNewswire/ -- Adjusted EBITDA, excluding non-recurring items, reached R$ 1,039.5 million in 4Q21, 26.6% lower than the R$ 1,417.2 million recorded in 4Q20. This reduction is mainly due to the drop in the results of the Araucária Thermoelectric Power Plant and Copel GeT, partially offset by the good result of Copel Distribuição. The main factors that explain the reduction are: the 55% reduction in TPP Araucária dispatch (360 GWh in 4Q21 against 797 GWh in 4Q20) combined with a lower net margin on energy sales for the period, as in 4Q21 the unit variable cost (CVU) no longer included the portion of the plant's fixed costs, as such costs had already been recov

CURITIBA, Brazil, Nov. 11, 2021 /PRNewswire/ -- Copel's EBITDA, encompassing all factors, including non-recurring and discontinued operations, reached R$4,492.4 million, an increase of 274.8% compared to the R$1,198.6 million recorded in 3Q20. A significant part of this result reflects the positive effect caused by the gain on the divestment of Copel Telecomunicações, with an impact of R$1,723.9 million, and by the renegotiation of the hydrological risk (GSF), in the amount of R$1,570.5 million. Adjusted EBITDA, excluding non-recurring items, reached R$1,286.7 million in 3Q21, 3.8% higher than the R$1,240.1 million recorded in 3Q20. This growth is mainly due to (i) the sale of the 641 GWh of

CURITIBA, Brazil, Aug. 11, 2021 /PRNewswire/ -- Adjusted EBITDA, excluding non-recurring items, reached R$1,433.2 million in 2Q21, up by 47.1% over the R$974.4 million reported in 2Q20. Such growth was mainly due to (i) the sale of 507 GWh of energy produced by TPP Araucária ("UEGA") in 2Q21 (no energy was dispatched in 2Q20); and (ii) higher revenue from the "availability of the power grid (TUSD/TUST)", mainly due to the 12.2% growth of the distributor's grid market, higher yield on transmission assets because of a rise in IPCA in 2Q21 the periodic tariff review applied on transmission contracts. These events were partially offset by higher costs with "electricity purchased for resale", due