COPEL - Companhia Paranaense de Energia has announced the completion of its acquisition of Neoenergia S.A.'s stake in the Baixo Iguaçu Hydroelectric Plant. This follows the fulfillment of all precedent conditions outlined in the Purchase and Sale Agreement and Other Covenants (CCVA 1). Copel Geração e Transmissão S.A. (Copel GeT) acquired all shares of Geração Céu Azul S.A., which holds a 70% stake in Consórcio Empreendedor Baixo Iguaçu (CEBI), for R$ 1,050 million, adjusted from June 2024. This transaction allows Copel GeT to proceed with further agreements, including the sale of the entire CEBI consortium to ENERGO-PRO PARTICIPAÇÕES S.A., for an equity value of R$ 1,554 million.
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