Companhia Paranaense de Energia – COPEL (OTCMKTS:ELPVY) is a vertically integrated utility company based in Curitiba, Brazil, primarily engaged in the generation, transmission, distribution and commercialization of electric power. Established in 1954 by the government of the State of Paraná, COPEL has grown to become one of the leading energy companies in southern Brazil. Its generation portfolio includes a mix of hydroelectric, thermal and wind power facilities, reflecting the company’s strategy to diversify its sources and support the regional grid with a balanced energy matrix.
In the transmission segment, COPEL operates an extensive network of high-voltage lines that connect generation plants to distribution centers and interlink to the national grid. The company manages hundreds of substations and transmission circuits across Paraná, ensuring reliable power delivery and supporting ongoing infrastructure investments to enhance grid stability and capacity. In distribution, COPEL serves over four million customers across urban and rural areas, offering metering, billing and customer service solutions tailored to residential, commercial and industrial clients.
Beyond traditional electricity services, COPEL has developed a range of value-added businesses. The company provides telecommunications services over its fiber-optic network, lease towers for wireless carriers and offers energy efficiency programs to public and private sector partners. Through its research and development arm, COPEL invests in smart grid technologies, digitalization initiatives and renewable energy projects to drive operational efficiency and meet evolving regulatory requirements.
Led by a board of directors appointed by the Paraná state government and a professional executive team, COPEL’s current leadership emphasizes financial discipline, corporate governance and sustainability. The executive management has prioritized debt reduction, capital expenditure optimization and environmental stewardship. With a focus on regional development and social responsibility, COPEL continues to support community initiatives and maintain its role as a cornerstone of Paraná’s energy infrastructure.
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