STOCK TITAN

Copel (NYSE: ELPC) sells 23.03% Dona Francisca stake for R$ 150,719,205.75

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Companhia Paranaense de Energia – Copel completed the divestment of its 23.03% stake in Dona Francisca Energética S.A. (DFESA) to Gerdau S.A., after fulfillment of corporate and regulatory conditions precedent. Copel received R$ 150,719,205.75 in a single installment, including the contractual price adjustments under the Share Purchase and Sale Agreement.

The company states that this sale is aligned with its strategy of portfolio optimization, simplification of its corporate structure, and focus on strategic assets, aiming to enhance shareholder value and support continuous improvement in the services provided to its customers.

Positive

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Negative

  • None.
Stake sold in DFESA 23.03% Equity interest in Dona Francisca Energética S.A. divested to Gerdau S.A.
Cash consideration R$ 150,719,205.75 Amount received by Copel at closing in a single installment, including SPA adjustments
Closing date August 6, 2026 Date on which the DFESA stake sale to Gerdau S.A. was completed
conditions precedent regulatory
"following the fulfillment of all applicable conditions precedent, including obtaining the relevant"
Conditions precedent are the specific tasks, approvals, or facts that must be satisfied before a contract or transaction becomes effective or a payment is made. Think of them as a checklist you must complete before turning the key on a new machine; if items are missing the deal can be delayed, renegotiated, or canceled. Investors watch these conditions because they determine timing, completion risk, and whether expected benefits will actually occur.
Share Purchase and Sale Agreement regulatory
"including the adjustments provided for in the Share Purchase and Sale Agreement ("SPA")"
portfolio optimization financial
"reaffirms Copel’s commitment to continuous portfolio optimization, corporate structure simplification"
Portfolio optimization is the process of arranging and adjusting an investment collection to achieve the best possible balance between potential returns and risk. It’s like fine-tuning a recipe to get the most flavor with the least unwanted ingredients, helping investors make smarter choices about how to allocate their money to meet their financial goals efficiently.
forward-looking statements regulatory
"This press release may contain forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did Copel (ELPC) complete in relation to Dona Francisca Energética?

Copel completed the sale of its 23.03% stake in Dona Francisca Energética S.A. (DFESA) to Gerdau S.A. The deal closed after all corporate and regulatory conditions were met, converting Copel’s minority interest in the hydropower company into immediate cash proceeds.

How much cash did Copel (ELPC) receive from selling its DFESA stake?

Copel received R$ 150,719,205.75 in a single cash installment from Gerdau S.A. The amount includes the adjustments set out in the Share Purchase and Sale Agreement, providing Copel with immediate liquidity from divesting its 23.03% interest in DFESA.

What percentage of DFESA did Copel (ELPC) divest to Gerdau?

Copel divested a 23.03% stake in the capital stock of Dona Francisca Energética S.A. This represents Copel’s entire shareholding in DFESA, transferring ownership of that minority interest to Gerdau S.A. upon completion of the transaction and related approvals.

When was Copel’s (ELPC) divestment of its DFESA stake completed?

The divestment was completed on August 6, 2026, following satisfaction of all conditions precedent. On that date Copel closed the transaction with Gerdau S.A. and received the full R$ 150,719,205.75 consideration, formalizing its exit from DFESA’s shareholder base.

Why is Copel (ELPC) selling its stake in Dona Francisca Energética?

Copel links the sale to its focus on portfolio optimization and strategic assets. Management highlights that divesting the DFESA stake supports simplification of the corporate structure, concentration on priority assets, and an approach aimed at enhancing shareholder value and service quality.

How was the consideration for Copel’s (ELPC) DFESA stake structured?

The consideration was paid in a single installment of R$ 150,719,205.75. This amount includes price adjustments specified in the Share Purchase and Sale Agreement, meaning Copel received the full, contractually determined value at closing rather than through multiple future payments.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of August, 2026

Commission File Number 1-14668

 


 

COMPANHIA PARANAENSE DE ENERGIA

(Exact name of registrant as specified in its charter)

 

Energy Company of Paraná

(Translation of Registrant's name into English)

 

José Izidoro Biazetto, 158
81200-240 Curitiba, Paraná
Federative Republic of Brazil
+55 (41) 3331-4011

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.  Form 20-F ___X___ Form 40-F _______

 Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.  

Yes _______ No ___X____

 

 
 

 

 

COMPANHIA PARANAENSE DE ENERGIA - COPEL
CNPJ/ME 76.483.817/0001-20 - NIRE 41300036535 - CVM Registration 1431-1
B3 (CPLE3) / NYSE (ELPC) / LATIBEX (XCOPO)

 

Divestment of stake in Dona Francisca Hydroelectric Power Plant completed

COPEL (“Copel” or “the Company”), in connection with Notice to the Market No. 11/26, released on June 15, 2026, hereby informs its shareholders and the market in general that on this date, following the fulfillment of all applicable conditions precedent, including obtaining the relevant corporate and regulatory approvals, it completed the sale of its 23.03% stake in the capital stock of Dona Francisca Energética S.A. (“DFESA”) to Gerdau S.A. (“Purchaser”).

With the closing of the transaction, the Company received the full amount of R$ 150,719,205.75 (one hundred and fifty million, seven hundred and nineteen thousand, two hundred and five Brazilian reais and seventy-five cents) in a single installment, including the adjustments provided for in the Share Purchase and Sale Agreement (“SPA”).

The completion of this transaction reaffirms Copel’s commitment to continuous portfolio optimization, corporate structure simplification, and a strategic asset focus, thereby driving shareholder value and ensuring the continuous improvement of services provided to its customers.

 

Curitiba, August 6, 2026

 

 

 

Felipe Gutterres

Vice President of Finance and Investor Relations

For further information, please contact the Investor Relations team:
ri@copel.com or +55 (41) 3331-4011

 

 

 
 

SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date August 6, 2026

 

COMPANHIA PARANAENSE DE ENERGIA – COPEL
     
By:

/S/  Daniel Pimentel Slaviero


 
  Daniel Pimentel Slaviero
Chief Executive Officer
 

 

 

FORWARD-LOOKING STATEMENTS

 

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.