Notice to the Market- IR 01/16
Companhia Paranaense de Energia - Copel, pursuant to CVM Instruction 358/2002, hereby informs its shareholders and the market in general that Copel Geração e Transmissão signed today the concession agreement of the Gov. Pedro Viriato Parigot de Souza Hydroelectric Power Plant. The plant, whose concession belonged to Copel GeT until its expiration on July 7, 2015, was won on the Auction of HPPs under the Allocation of Assured Energy and Power Quotas regime (Lot B1), held November 25, 2015.
•Installed Capacity: 280 MW
•Assured Power: 109 average MW
•30 years
•R$130,9 million per year
•1st installment (01/04/2016): R$373,6 million
•2nd installment (up to 180 days as of signature of the agreement): R$201,2 million
¹ Refer to allocated 100% of the assured power to the assured energy quota regime. Adjusted annually by the IPCA. ² The 2nd installment amount to be adjusted by SELIC rate.
One hundred percent of the energy generated will be allocated to the assured energy quota regime in 2016, falling to 70% as of January 1, 2017. In regard to this portion of energy, Copel GeT will not cover the hydrological risk and the financial results of the Energy Reallocation Mechanism (MRE) associated with the plant.
Curitiba, January 05, 2015.
Chief Corporate Management Officer interim as Chief Financial and Investor Relations Officer
For additional information, please contact our IR team: ri@copel.com or (41) 3222-2027
COPEL - Companhia Paranaense de Energia issued this content on 2016-01-05 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-06 03:02:07 UTC
Original Document: http://www.copel.com/hpcopel/english/sitearquivos2.nsf/arquivos/bri01_16ing/$FILE/bri01_16ing.pdf