Companhia Paranaense de Energia Pfd (ELP) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Companhia Paranaense de Energia (Copel) has successfully renewed its electricity generation concessions for three major hydroelectric power plants in Brazil for another 30 years. The renewal involves a total grant of approximately R$4.1 billion, ensuring continued operation at 64% of the plants’ installed capacity. This move highlights Copel’s ongoing commitment to sustainable energy generation and business continuity.
For further insights into ELP stock, check out TipRanks’ Stock Analysis page.