6-K 1 elp20190410_6k.htm FORM 6-K elp20190410_6k.htm - Generated by SEC Publisher for SEC Filing
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
 
For the month of April, 2019
Commission File Number 1-14668
 

 
COMPANHIA PARANAENSE DE ENERGIA
(Exact name of registrant as specified in its charter)
 
Energy Company of Paraná
(Translation of Registrant's name into English)
 
Rua Coronel Dulcídio, 800
80420-170 Curitiba, Paraná
Federative Republic of Brazil
+55 (41) 3331-4011
(Address of principal executive offices)
 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.  Form 20-F ___X___ Form 40-F _______

 Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.  

Yes _______ No ___X____


 


Notice to the Market 09/19

Baixo Iguaçu HPP 100% operational

Companhia Paranaense de Energia COPEL, a company that generates, transmits and distributes power, with shares listed on the B3 (CPLE3, CPLE5, CPLE6), NYSE (ELPVY, ELP) and LATIBEX (XCOP), hereby informs its shareholders and the market in general that, on this date, the last generating unit of Baixo Iguaçu Hydroelectric Power Plant (UG3, with 117 MW in installed capacity) entered into commercial operation, according to Aneel Dispatch 1,037/2019.

As a result, the Plant has 100% of its generating units operating commercially, since the beginning of the commercial generation of units 1 and 2 happened in February 2019.

Power Plants

Contract

Installed Capacity
(MW)

Assured Powe
(Average MW)

Energy Sold in the
(Average MW)

Price¹
(R$/MWh)

Concession

Expires

HPP Baixo Iguaçu

30% Copel GeT

70% Geração Céu Azul S.A

02/2012

of 08.20.2012

350

171.3

121.0

176.43

10.30.20492

1 Adjusted by the IPCA up to Dec/2018. Font: CCEE.

2 According to 2nd Amendment to the Concession Agreement, which included 756 days waiver of responsibility and Aneel Dispatch No. 3770 of November 7, 2017, which included more 46 days waiver of responsibility.

 

In addition, we inform that the energy sold in the ACR was renegotiated in the product SP89, according to Aneel Decision 4.101 / 2017.

Copel holds a 30% stake in Consórcio Empreendedor Baixo Iguaçu Cebi, responsible for building and operating Baixo Iguaçu HPP, with an installed capacity of 350.2 MW and a physical guarantee of 171.3 average MW located in the Iguaçu River, between Municipalities of Capanema and Captain Leônidas Marques, and between the Governador José Richa HPP and Parque Nacional do Iguaçu, in State of Paraná.

Curitiba, April 10, 2019.

Adriano Rudek de Moura

Chief Financial and Investor Relations Officer

For further information, please contact the Investor Relations team: ri@copel.com or (41) 3331-4011

 

 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date April 10, 2019
 
COMPANHIA PARANAENSE DE ENERGIA – COPEL
By:
/S/  Daniel Pimentel Slaviero
 
Daniel Pimentel Slaviero
Chief Executive Officer
 
 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.