ELP - Companhia Paranaense de Energia ADR

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Companhia Paranaense de Energia - COPEL is a Brazilian company engaged in the generation, transformation, distribution, and trading of energy, primarily serving industrial, residential, commercial, rural, and other customers in the State of Paraná. COPEL operates through several segments: Power Generation and Transmission, Power Distribution, Gas, and Power Sale. The company also plays a significant role in the distribution of piped natural gas. As of December 31, 2021, COPEL managed a robust infrastructure comprising 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant, with a combined installed capacity of 5,957 megawatts.

COPEL's extensive network includes 3,638 kilometers of transmission lines and 204,957 kilometers of distribution lines, ensuring efficient energy delivery across its service areas. The company holds concessions to distribute electricity across 394 municipalities in the State of Paraná and in Porto União in the State of Santa Catarina. This extensive reach highlights COPEL's critical role in meeting the energy needs of a diverse customer base, from urban centers to rural communities.

Founded in 1954 and headquartered in Curitiba, Brazil, COPEL has a long-standing history in the Brazilian energy sector. The company continues to innovate and expand its operations to meet the growing energy demands of its customers. Its strategic focus on a mix of renewable energy sources, such as hydro and wind power, along with traditional energy generation methods, positions COPEL as a key player in the sustainable energy landscape of Brazil.

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