Key Developments: Companhia Paranaense de Energia (ELP)
17.72USD
17 May 2013
$-0.07 (-0.39%)
$17.79
$17.91
$17.96
$17.56
286,230
317,755
$23.34
$12.53
Latest Key Developments (Source: Significant Developments)
Companhia Paranaense de Energia Announces FY 2012 Dividend Payment
Companhia Paranaense de Energia announced that on April 25, 2013 it approved a dividend payment for fiscal year 2012 in the amount of BRL 130,482,291.29, corresponding to BRL 0.45607 per ordinary share and BRL 0.50169 per preferred share class B. Payment will be done as from May 23, 2013 to shareholders on record as of April 25, 2013. Shares will be traded ex-dividend as from April 26, 2013. Full Article
Companhia Paranaense de Energia to Deliberate on Dividend Payment
Companhia Paranaense de Energia announced dividend payment in the amount of BRL 130,482,291.29, corresponding to BRL 0.45607 per ordinary share and BRL 0.50169 per preferred share class B to be deliberated on Ordinary General Meeting to be held on April 25, 2013. Payment will be done within 60 days as from the date of Ordinary General Meeting. Full Article
Companhia Paranaense de Energia - COPEL Appoints CFO
Companhia Paranaense de Energia - COPEL announced that its Board of DIrectors on February 7, 2013 appointed Mr. Luiz Eduardo da Veiga Sebastiani Chief Financial Officer of the Company (CFO). The appointment is effective as from February 18, 2013. Full Article
Companhia Paranaense de Energia - COPEL Announces Anticipated FY 2012 Own Capital Interest Payment
Companhia Paranaense de Energia - COPEL announced that on December 19, 2012, its Board of Directors approved the payment of anticipated own capital interest for the 2012 fiscal year to be done on January 15, 2013 to the shareholders on record as of January 2, 2013 in replacement for dividends. The payment will be done in the gross BRL 138,072,000.00 corresponding to BRL 0.47920 per ordinary share and BRL 2.52507 per class A preferred share and BRL 0.52720 per class B preferred share. Shares will be traded ex-interests as from January 3, 2013. Full Article
Fitch Ratings Reaffirms Companhia Paranaense de Energia – COPEL's Rating
Companhia Paranaense de Energia – COPEL announced that on December 7, 2012, Fitch Ratings reaffirmed the Company's long term national rating at AA+(bra) with stable outlook. Full Article
Companhia Paranaense de Energia – COPEL’s Generating Unit Enters into Commercial Operation
Companhia Paranaense de Energia – COPEL announced that the first generating unit of the hydroelectric plant Maua (UHE) with the power of 117 megawatts entered into commercial operation on November 23, 2012. Moreover, four other generating units are in the testing phase and will begin commercial operation soon. Two of them, with the power of 117 megawatts each and the unit in operation will form a unit of 350 megawatts. The two remaining ones of 5.5 megawatts will form a unit of additional power which equals 11 megawatts. UHE Maua has 361 megawatts and is located on the Tibagi River between Telemaco Borba and Ortigueira, Para state, Brazil. Full Article
Companhia Paranaense de Energia – COPEL’s Subsidiary Completes BRL 1.00 Billion Debentures Issue
Companhia Paranaense de Energia – COPEL announced that on October 30, 2012 its wholly owned subsidiary Copel Distribuicao SA completed the first issue of simple debentures not convertible into shares, unsecured in a unique series for a public placement totaling BRL 1.00 billion. There were 100,000 debentures issued at the par value of BRL 10,000. Maturity date is October 30, 2017. Full Article
Energisa SA Plans Acquisition of Controlling Stake in Rede Group in Partnership with Companhia Paranaense de Energia – COPEL
Energisa SA announced that it has filed upon ANEEL – National Agency of Electric Energy in partnership with Companhia Paranaense de Energia – COPEL its interest in the acquisition of a controlling stake in Rede Group. Full Article
Fitch Ratings Confirms Companhia Paranaense de Energia – COPEL's Rating
Companhia Paranaense de Energia – COPEL announced that on August 30, 2012, Fitch Ratings confirmed the Company's long term national rating at AA+(bra) with the stable outlook. According to Fitch Ratings, the rating reflects the continuity of sustainable operation of the Company and a solid financial profit, as well as the quality of its credit. Full Article
Companhia Paranaense de Energia – COPEL Announces up to 1.00 Billion Inflow Resources Process for Subsidiary
Companhia Paranaense de Energia – COPEL announced that on July 12, 2012, its Board of Directors approved the need for inflow resources by the Company’s wholly owned subsidiary Copel Distribuicao SA. The Board of Directors approved the start of the structuring of inflow of resources totaling the amount of up to BRL 1.00 billion. Full Article

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