ELPC 📈 Companhia Paranaense de - Overview

Companhia Paranaense de Energia, commonly referred to as COPEL, is a Brazilian energy company that specializes in the generation, transformation, distribution, and sale of electricity to a diverse range of customers, including industrial, residential, commercial, and rural clients. The company's operations are segmented into distinct business units, including Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services, allowing for a more focused approach to each aspect of the energy supply chain. This structure enables COPEL to efficiently manage its various activities, from generating electricity through hydroelectric, wind, and thermoelectric plants to distributing it through its extensive network of transmission and distribution lines.

CopeL's involvement in the energy sector extends beyond electricity to include the distribution of piped natural gas, further diversifying its service offerings and revenue streams. The company holds concessions to distribute electricity in numerous municipalities within the State of Paraná, as well as in the municipality of Porto União in the State of Santa Catarina, solidifying its position as a key energy provider in these regions. With a history dating back to 1954, COPEL has established itself as a significant player in Brazil's energy market, with its headquarters located in Curitiba, the capital of Paraná. The company's commitment to providing essential energy services is reflected in its comprehensive operations, which are designed to meet the evolving needs of its customers and contribute to the economic development of the regions it serves.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol ELPC, COPEL is classified as a common stock, falling under the GICS Sub Industry category of Electric Utilities. This classification underscores the company's core business activities and its role within the broader energy sector. With a strong online presence, including its official website at https://www.copel.com, COPEL provides stakeholders with easy access to information about its operations, financial performance, and strategic initiatives, promoting transparency and accountability in its business practices.