Companhia Paranaense de Energia - COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. As of December 31, 2019, the company operated 19 hydroelectric plants, 25 wind plants, and one thermoelectric plant with a total installed capacity of 5,742.0 megawatts; and owned and operated 3,389 kilometers of transmission lines and 199,952.6 kilometers of distribution lines. It holds concessions to distribute electricity in 399 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. The company also provides telecommunication services to corporate clients, including supermarkets, universities, banks, internet service providers, and television networks, as well as to retail clients; and broadband internet access to public elementary and middle schools. In addition, it supplies piped gas to 47,238 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 833 kilometers in the State of Paraná. Companhia Paranaense de Energia  COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.
IPO Year: 2021
Exchange: NYSE
Website: copel.com
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UBS Group upgraded Companhia Paranaense de Energia - COPEL from Neutral to Buy
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
6-K - ENERGY CO OF PARANA (0001041792) (Filer)
EFFECT - ENERGY CO OF PARANA (0001041792) (Filer)
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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$974.4 million reported in 2Q20. Such growth was mainly due to (i) the sale of 507 GWh of energy produced by TPP Araucária ("UEGA") in 2Q21 (no energy was dispatched in 2Q20); and (ii) higher revenue from the "availability of the power grid (TUSD/TUST)", mainly due to the 12.2% growth of the distributor's grid market, higher yield on transmission assets because of a rise in IPCA in 2Q21 the periodic tariff review applied on transmission contracts. These events were partially offset by higher costs with "electricity purchased for resale", due
CURITIBA, Brazil, May 5, 2021 /PRNewswire/ -- Companhia Paranaense de Energia - COPEL ("Company"), a company that generates, transmits, distributes and trades energy, with shares and stock deposit certificates (UNITs) listed on B3 S.A. - Brasil, Bolsa, Balcão (CPLE3, CPLE5, CPLE6, CPLE11), on the NYSE (ELP) and LATIBEX (XCOP, XCOPO, XCOPU), announces its results for the first quarter of 2021 and would like to invite you all for its conference call on Thursday to discuss its results. In 1Q21, earnings before interest, taxes, depreciation and amortization reached R$ 1,303.2 million, 18.8% higher than the R$ 1,096.8 million recorded in 1Q20. This result reflects, basically, the growth of 31, 4%
CURITIBA, Brazil, April 20, 2021 /PRNewswire/ -- Companhia Paranaense de Energia - COPEL ("Company") company that generates, transmits, distributes and trades energy, with shares listed on B3 (CPLE3, CPLE5, CPLE6), NYSE (ELPVY, ELP) and LATIBEX (XCOP), communicates to its shareholders and the market in general that it has filed its annual Form 20-F for fiscal year 2020 on April 19, 2021, in the U.S. Securities and Exchange Commission (the "SEC"). The file can be accessed by visiting either the SEC's website at www.sec.gov or Copel's website at ir.copel.com. Contacts: Investor Relations – COPEL Phone: +55 (41) 3331-4011 E-mail:[email protected] View original content:http://www.prnewswire.com/news
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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