ELP 📈 Companhia Paranaense de - Overview

Companhia Paranaense de Energia, or COPEL, is a Brazilian energy company that operates across multiple segments, including power generation and transmission, power distribution, gas distribution, and power sales. The company's primary focus is on providing electricity to a diverse range of customers, from industrial and residential to commercial, rural, and other sectors. With a history dating back to 1954, COPEL has established itself as a major player in Brazil's energy landscape, with a strong presence in the State of Paraná and a concession to distribute electricity in the municipality of Porto União in the State of Santa Catarina.

COPEL's operations are characterized by a mix of hydroelectric, wind, and thermoelectric power plants, which provide a balanced energy matrix. The company also owns and operates an extensive network of transmission and distribution lines, ensuring the reliable supply of electricity to its customers. In addition to its core electricity business, COPEL is involved in the distribution of piped natural gas, further diversifying its energy offerings. With a commitment to providing efficient and sustainable energy solutions, COPEL has positioned itself for long-term growth and success in the Brazilian energy market.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol ELP, COPEL is subject to the highest standards of corporate governance and transparency. The company's common stock is classified under the GICS Sub Industry of Electric Utilities, reflecting its core business activities. With a global presence and a strong online presence through its website, COPEL is well-equipped to engage with investors, customers, and other stakeholders, providing timely information and updates on its operations and performance. The company's ISIN code, US20441B6056, facilitates easy identification and tracking of its securities by investors and financial institutions worldwide.