On Wednesday, June 27, Copel will visit the New York Stock Exchange to celebrate the company’s 15th anniversary of listing. Copel began trading on the NYSE in July, 1997 under the ticker symbol “ELP.” They were the first company of the Brazilian electric power sector with shares traded on the New York Stock Exchange.
To honor this occasion, CEO of Copel, Lindolfo Zimmer will be joined by the Governor of the Brazilian state of Paraná, Carlos Alberto Richa to ring The Closing BellSM.
Watch the video of the ringing.
About Copel (NYSE: ELP)
Copel – Companhia Paranaense de Energia – generates, transmits, distributes and trades electric energy, and also provides telecommunication services. The Company is one of the largest electric power facilities in Brazil. The Company’s position in the sector is a result of 57 years of experience and technical proficiency in generating, transmitting and distributing electric power. Copel went public in April 1994 on Bolsa de Valores de São Paulo BM&FBOVESPA - and, in July 1997, became the first company of the Brazilian electric power sector with shares traded on the New York Stock Exchange. Copel’s shares are also traded in Europe, on the Latibex – the Latin American arm of the Madrid Stock Exchange, since June 2002. In May 2008 COPEL joined BM&FBOVESPA’s Level 1 of Corporate Governance. Currently, Copel directly serves 4 million customers units in 396 municipalities and 1,117 localities (districts, villas and villages). Copel holds 19 own power plants and has interests in other 6 generation companies, totaling 5.158 MW of installed capacity. In order to transmit and distribute the electric power generated, the Company counts on 2,029 km of transmission lines and 184,984 km of distribution lines, being the third largest network in Brazil. Copel employs 9,392 employees. Copel Distribuição’s captive market grew by 7.3% in 1Q12. The main customer segments are made up of the following: residential, 6.5%; commercial, 7.3%; industrial, 4.0% and rural, 9.6%.