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COPEL Announces Asset Sale to Âmbar Energia

COPEL Announces Asset Sale to Âmbar Energia

Companhia Paranaense de Energia Pfd (ELP) has released an update.

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Companhia Paranaense de Energia (COPEL) has announced the approval by CADE of Âmbar Energia S.A.’s purchase of all shares of UEG Araucária for an enterprise value of R$395.0 million. This transaction, part of COPEL’s asset divestment plan, is aligned with the company’s strategy for a sustainable, decarbonized growth. The deal, which sees COPEL’s 81.2% share valued at R$320.7 million, will be finalized following a 15-day finalization period post-publication in the Official Federal Gazette.

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