Copel Accelerates Growth with a 35.0% Increase in Recurring EBITDA in the Third Quarter of 2026
Key Highlights
- ➤Recurring net income R$673 million, up 79.6% year over year
- ➤Recurring EBITDA R$1.8 billion, up 35.0% year over year
- ➤Copel Distribuição recurring EBITDA R$1.1 billion, up 70.2%
- ➤Consolidated Capex R$991 million, with 57% allocated to Distribution
- ➤Net debt-to-EBITDA ratio 2.7 times, below 2.9-times target midpoint
Driven by operational efficiency, the company reports a 79.6% increase in recurring net income
Curitiba, Brazil--(Newsfile Corp. - November 12, 2026) - Companhia Paranaense de Energia (NYSE American: ELPC) (BVMF: CPLE3) (Copel) ended the third quarter of 2026 with recurring net income of R$ 673 million, a significant increase of 79.6% compared to the R$ 375 million reported in the third quarter of 2025 (Reported net income of R$ 688 million, +89.0% compared to 3Q25). This result was accompanied by strong growth in consolidated recurring EBITDA, which rose 35.0% to R$ 1.8 billion, compared to R$ 1.3 billion in the same period of the previous year (reported EBITDA of R$ 1.9 billion, +41.5% compared to Q3 2025).
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