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Copel Secures 30-Year Renewal for Key Hydroelectric Plants

Copel Secures 30-Year Renewal for Key Hydroelectric Plants

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

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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.

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