COMPANHIA PARANAENSE DE ENERGIA CO

Copel recorded recurring EBITDA of BRL 1.6 billion in Q2 2026 (+21%) and a net profit of BRL 645.1 million (+42.6%), supported by improved operational performance, a tariff adjustment in the distribution business and tax benefits. Copel DisCo and Copel Geração e Transmissão together generated almost the entire consolidated EBITDA; the tariff review contributed additional revenue of around BRL 1 billion. Adjusted net debt stands at BRL 19.6 billion, the capital-structure target was adjusted to 2.9x net debt/EBITDA, and CapEx was BRL 957.2 million in the quarter. The company maintains a minimum payout ratio of 75%, plans to pay BRL 706 million in interest on equity in September and announced a BRL 5 billion expansion project following the LRCAP auction win. » Altro su de.investing.com

Copel reports a net profit increase of 10.7% year‑on‑year for Q1 2026, driven by strong operational performance. Generation and transmission EBITDA rose by BRL 267 million, recurring distribution EBITDA grew by 10%, and the net debt/EBITDA ratio was 2.8x. CapEx totaled BRL 581 million, focused on distribution and generation infrastructure; the newly launched "Copel Agro" initiative aims to support customers in the agricultural sector. Management targets a 16% increase in portfolio availability for 2026, but warns of potential impacts from El Niño and regulatory changes. » Altro su de.investing.com

Copel reports recurring EBITDA of R$ 1,358.1m for Q4 2025 (+16.1%) and recurring net income of R$ 682.6m (+29.6%) despite unfavorable hydrology, a GSF of 67.4% and wind curtailment of 34.2%. The average PLD rose to R$ 264.75/MWh (+22.4%). GenCo was the largest contributor to EBITDA with R$ 654.1m (+26.7%), DisCo remained stable and TradeCo returned to profitability. Copel moved to the Novo Mercado, introduced a minimum dividend policy of 75% and paid a total of R$ 2.45bn to shareholders in 2025; the payout ratio was 144.4%. Net debt stands at R$ 16bn (leverage 2.7x), 2025 capex reached R$ 3,396m and the company plans R$ 18bn of investments over five years. » Altro su de.investing.com