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Copel's privatization has led to improved cost structure and value generation, but macroeconomic headwinds in Brazil have negatively impacted its stock performance. Read more here.
Brazilian power company Copel is set to acquire two wind farms in a deal valued at 1.8 billion reais ($344.68 million), it said on Thursday.
Brazilian electric utility Copel is planning to launch a public share offering between Tuesday and Wednesday of up to 5 billion reais ($1.05 billion) to take the firm private, it said on Tuesday.
Brazil's Parana state power company Copel will forgo some $380m revenues a year from the decision to reverse a rates hike announced this week, Parana state governor Roberto Requiao said in a ...
State-controlled Brazilian utility Copel said in a securities filing it will split its shares at the ratio of 1 to 10. The company also will allow shareholders owning common shares to convert them ...
Utility Companhia Paranaense de Energia was privatized as its controlling holder, the Brazilian state of Parana, shed its stake in a 5.2 billion-real ($1.1 billion) equity offering.
Brazilian electric utility Copel is planning to launch a public share offering between Tuesday and Wednesday of up to 5 billion reais ($1.05 billion) to take the firm private, it said on Tuesday. The ...