Profile: Companhia Paranaense de Energia (ELP)

ELP on New York Consolidated

11.03USD
1 Apr 2015
Change (% chg)

$0.55 (+5.25%)
Prev Close
$10.48
Open
$10.74
Day's High
$11.22
Day's Low
$10.67
Volume
1,157,399
Avg. Vol
632,854
52-wk High
$18.29
52-wk Low
$9.72

Search Stocks

Companhia Paranaense de Energia - COPEL, incorporated on October 26, 1954, is a Brazilian company involved in the energy sector. It runs a generating complex composed of 18 power plants, of which 17 are hydroelectric. Its transmission system totals 1,913 kilometers of lines and 31 automated substations. The main activities of the Company and its subsidiaries are to research, study, plan, build and explore the production, transformation, transportation, distribution and commercialization of energy, in any of its forms, but mainly electrical energy. The Company directly serves 3,792,235 consuming units, across 393 cities and 1,111 locations, such as districts, villages and settlements, in the state of Parana. The Company’s subsidiaries are Copel Geracao e Transmissao SA, Copel Telecomunicacoes SA, Companhia Paranaense de Gas - Campagas, Elejor - Centrais Eletricas do Rio Jordao SA, UEG Araucaria Ltda and Centrais Eolicas do Parana Ltda, as well as Domino Holdings, a jointly controlled subsidiary 45%-held by the Company.

Generation

Copel Generation operates in the power generation business, with 18 power plants in operation (with 17 hydroelectric plants and one thermoelectric plant). It has a total installed capacity of 4,549.6 megawatt. During the year ended December 31, 2006, the Company generated 10,358 gigawatts per hour. The generation of electrical energy at the Company’s hydroelectric plants is supervised and coordinated by its generation operation center in the city of Curitiba. This operation center is responsible for coordinating the operations related to approximately 99.2% of its total installed capacity. It also relies on 12 substations, 11 of which are automated and remote-operated.

Transmission

Copel Transmission is primarily engaged in the business of transporting and transforming the power generated by the Company. It is in charge of building, running, and maintaining all substations and lines used for power transmission. The Company had 36 customers who are directly supplied with energy at a high voltage (69 kilovolts and above) through connections to its transmission lines. These customers accounted for approximately 9.5% of the Company’s total volume of electricity sold in 2006.

Distribution

Copel Distribution is engaged in the distribution and sale of energy in any form, especially electric energy, fuels and energy raw materials. It distributes electric energy to almost all municipalities in the State of Parana. The distribution system consists of a network of overhead lines and substations with voltages up to 34.5 kilovolts. Electricity is supplied to smaller industrial customers at the higher end of the voltage range and is supplied to residential, commercial and other customers at the lower end of the range. At December 31, 2006, the Company provided electricity in a geographic area encompassing approximately 98% of the State of Parana and served over 3.3 million customers.

Corporate Partnerships

Copel Partnerships was incorporated to hold investments in other companies or consortiums in several business areas. Copel participates in five independent power producers, constituted as special purpose companies (SPCs). It also holds interests in the areas of sanitation, gas supply, telecommunications and services.

Telecommunications

Copel Telecommunications provides corporate telecommunication services within the State of Parana and international long-distance services. The Company offers these services through the use of its extensive transmission and distribution network. It also provides multimedia services. In 2006, the Company served 170 of the 399 municipalities in the State of Parana, which represents 80% of the total population of such state. In addition to the commercial services, it has also been involved in an educational project aimed at providing lower and middle public school students in the State of Parana with broadband Internet access in their schools. Copel Telecommunications also provides services to most of the major Brazilian telecommunication companies that operate in the State of Parana. The Company has 389 clients, and its services are also provided to supermarkets, universities, banks, Internet Service Providers and television networks. Besides, a number of different telecommunication services are provided to the Company’s subsidiaries for generation, transmission and distribution of electric power.

Company Address

Companhia Paranaense de Energia

Rua Coronel Dulcidio, 800, BATEL
CURITIBA     80420-170
P: +5541.33314011
F: +5541.33312849

Company Web Links

Search Stocks