-+ 0.00%
-+ 0.00%
-+ 0.00%
Gerdau to buy Copel’s 23% stake in Dona Francisca hydro plant for EV of R$ 150 million
Share
Listen to the news
Gerdau to buy Copel’s 23% stake in Dona Francisca hydro plant for EV of R$ 150 million
  • Gerdau signed a deal to buy Copel’s 23.03% stake in Dona Francisca Energética, valuing the asset at R$ 150 million enterprise value.
  • The purchase would lift Gerdau’s ownership of the Dona Francisca hydro plant operator to 100%, expanding self-generated renewable power.
  • The 125-MW plant on the Jacuí river in Rio Grande do Sul provides 72.5 average MW of firm energy, about 66 average MW allocated to DFESA.
  • Including a separate Celesc stake buy announced April 16, total investment is set at R$ 300 million enterprise value, adding 30 average MW of self-production.
  • Closing requires customary conditions, including Brazilian antitrust clearance; payment is slated in cash at closing from available funds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gerdau SA published the original content used to generate this news brief on June 16, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending