- CEO
- Daniel Pimentel Slaviero
- Full Time Employees
- 4,396
- Sector
- Utilities
- Industry
- Diversified Utilities
- Address
- Rua JosE Izidoro Biazetto, 158 Curitiba PR Brazil 81200-240
- IPO Date
- Dec 29, 2023
- Business
- Companhia Paranaense de Energia Companhia Paranaense de Energia (Copel) is a leading Brazilian electric utility that generates, transmits, distributes and trades electric energy, primarily serving over 5 million consumer units across 395 municipalities and 1,068 locations in the state of Paraná; it operates 62 power plants including 18 hydroelectric, 43 wind and 1 thermal facility with an installed capacity of approximately 6,574 MW adjusted for its ownership share, alongside interests in 13 additional projects comprising 8 hydroelectric, 4 wind farms and 1 solar plant; the company maintains 9,685 km of transmission lines spanning eight Brazilian states and 209,665 km of distribution lines, with a workforce of around 5,842 employees. Founded in 1954 and headquartered in Curitiba, Paraná, Copel focuses on renewable energy sources, targeting residential, commercial, industrial and rural customers through regulated tariffs, free market sales, spot transactions and telecommunication services; it generates revenue from electricity generation in regulated and free markets, transmission services to generators and distributors, exclusive distribution concessions in Paraná emphasizing service quality and loss reduction, and energy trading as one of Brazil's largest players. In recent developments, Copel completed the acquisition of Neoenergia S.A.'s 70% stake in the Baixo Iguaçu Hydroelectric Plant through its subsidiary Copel Geração e Transmissão S.A. for approximately R$1.05 billion in June 2025, enabling subsequent agreements for the asset's sale to ENERGO-PRO PARTICIPAÇÕES S.A.; the company divested its small-scale distributed generation portfolio, including ten solar photovoltaic plants totaling 22.75 MWp in Paraná, to Thopen in November 2025 to streamline operations toward large-scale generation, transmission and distribution; additionally, it migrated IT services to Google Cloud in March 2024 for enhanced data analytics and AI capabilities, advanced its zero-based budgeting (ZBB) initiative with second-stage results integrated into the 2025 budget, and approved migration to B3's Novo Mercado listing level alongside share consolidation in 2025.