StockWatch
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Electric Utilities: Central
RegulatoryMay 26, 2026, 06:08 AM

Copel's Elejor Renegotiates R$420.6M Public Utility Charges

AI Summary

Copel announced that its majority-owned subsidiary, Elejor, has renegotiated R$420.6 million in Public Utility Charges (UBP) for its Santa Clara and Fundão Hydroelectric Plants. This renegotiation, formalized under specific laws and orders, aims to realign payment flows and ensure the economic and financial balance and long-term sustainability of Elejor's operations. The final amount, due in June 2026, will be adjusted by the SELIC rate from December 8, 2025.

Key Highlights

  • Elejor, a Copel subsidiary, renegotiated R$420.6M in Public Utility Charges (UBP).
  • Renegotiation covers Santa Clara and Fundão Hydroelectric Plants.
  • Refinancing balance as of Dec 8, 2025, was R$420,631 thousand.
  • Book balance as of Dec 31, 2025, was R$829,934 thousand.
  • Final payment due in June 2026, adjusted by SELIC rate.
  • Aims to ensure Elejor's long-term operational sustainability.