StockWatch
·
Electric Utilities: Central
DivestmentJun 15, 2026, 05:16 PM

Copel Sells 23.03% Stake in Dona Francisca Plant for R$150M

AI Summary

Companhia Paranaense de Energia (Copel) announced it has accepted a binding offer and entered into a Share Purchase Agreement with Gerdau S.A. for the sale of its 23.03% equity interest in Dona Francisca Energética S.A. (DFESA). The transaction is valued at R$ 150.0 million and is part of Copel's strategy to optimize its portfolio, simplify its corporate structure, and focus on larger, controlled assets to generate value for shareholders.

Key Highlights

  • Copel sold its 23.03% equity interest in Dona Francisca Energética S.A. (DFESA).
  • The buyer is Gerdau S.A.
  • The transaction is based on an enterprise value of R$ 150.0 million.
  • Payment will be made in a single installment upon closing.
  • The sale is part of Copel's strategy to optimize its portfolio and simplify its corporate structure.
  • The company aims to concentrate its portfolio on larger assets where it holds control or significant influence.