COPEL Sells Majority Stake in Compagas
Company Announcements

COPEL Sells Majority Stake in Compagas

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

Companhia Paranaense de Energia (COPEL) has announced the sale of a 51% stake in Companhia Paranaense de Gás (Compagas) to Compass Dois Ltda., part of their strategy to focus on core business and portfolio decarbonization. The equity value of the deal is R$906.0 million, with payment scheduled in stages up to December 2026. The transaction’s completion hinges on certain conditions, including approval by the competent authorities.

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