Copel
{{Short description|Brazilian electric utility company}}
{{More citations needed|date=July 2020}}
{{Infobox company
| name = Companhia Paranaense de Energia
| logo = Copel.svg
| caption =
| type = Sociedade Anônima
| traded_as = {{B3 (stock exchange)|cvm=14311|CPLE3|CPLE5|CPLE6}}
{{BMAD|isin=BRCPLEACNPB9|XCOP}}
{{nyse|elp}}
Ibovespa Component
| fate =
| predecessor =
| successor =
| foundation = {{Start date and age|1954||}}
| founder =
| defunct =
| location_city = Curitiba
| location_country = Brazil
| locations =
| area_served =
| industry = Electricity
| products = Electrical power
| services = Electricity distribution
| revenue = {{increase}} US$ 4.3 billion (2017){{Cite web |url=http://exame.abril.com.br/negocios/empresas/noticias/lucro-da-copel-sobe-24-em-2010-para-r-1-bilhao |title=Lucro da Copel sobe 24% em 2010, para R$1 bilhão - Empresas - EXAME.com |access-date=2011-03-29 |archive-date=2011-07-19 |archive-url=https://web.archive.org/web/20110719173110/http://exame.abril.com.br/negocios/empresas/noticias/lucro-da-copel-sobe-24-em-2010-para-r-1-bilhao |url-status=dead }}
| operating_income =
| net_income = {{increase}} US$ 323.9 million (2017){{Cite web |url=http://exame.abril.com.br/negocios/empresas/noticias/lucro-da-copel-sobe-24-em-2010-para-r-1-bilhao |title=Lucro da Copel sobe 24% em 2010, para R$1 bilhão - Empresas - EXAME.com |access-date=2011-03-29 |archive-date=2011-07-19 |archive-url=https://web.archive.org/web/20110719173110/http://exame.abril.com.br/negocios/empresas/noticias/lucro-da-copel-sobe-24-em-2010-para-r-1-bilhao |url-status=dead }}
| assets =
| equity =
| owner =
| num_employees = 6,613
| parent =
| divisions =
| subsid =
| homepage = {{URL|www.copel.com}}
| footnotes =
}}
Companhia Paranaense de Energia (COPEL) is a Brazilian electric utility company, the largest company of the State of Paraná, founded on October 26, 1954 with ownership control held by the State of Paraná.
The Company went public in April 1994 on the Brazilian B3 stock market, and in 1997 was the first company of the Brazilian electricity sector to be listed at the New York Stock Exchange. As from June 2002, the brand is also present at the European Economic Community, having been listed at Latibex - the Latin American index of companies of the Madrid Stock Exchange. As of May 7, 2008, Copel's shares were ranked at Level 1 of São Paulo Stock Exchange (Bovespa)'s Corporate Governance. In 2019, Copel announced a plan to divest their natural gas and telecommunications holdings to focus entirely on electricity.{{Cite web|url=https://telecom.economictimes.indiatimes.com/news/brazils-copel-looking-into-selling-telecoms-gas-assets-ceo-says/67599612|title = Brazil's Copel looking into selling telecoms, gas assets, CEO says - ET Telecom}} In 2020, Copel Telecom was sold to the Bordeaux Fundo de Investimento.{{Cite web|url=https://www.bnamericas.com/en/news/brazils-copel-telecom-snapped-up-for-us444mn|title = BNamericas - Brazil's Copel Telecom snapped up for US$444mn}}
The Company directly serves 3,549,256 consuming units, across 393 cities and 1,114 locations (districts, villages and settlements), located in the State of Paraná. This network consists of 2.8 million homes, 63.8 plants, 295.5 commercial establishments and 341.6 rural properties. The staff is composed of 8,376 employees.{{Citation needed|date=March 2022}}
References
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{{Ibovespa companies}}
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Category:Companies listed on the New York Stock Exchange
Category:Companies listed on B3 (stock exchange)
Category:Electric power companies of Brazil
Category:Companies based in Curitiba
Category:Companies listed on the Madrid Stock Exchange
Category:Government-owned companies of Brazil
Category:Public utilities established in 1954