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Centrais Elétricas do Pará S.A.

Company Detail


Founded in 1962, Centrais Elétricas do Pará (Celpa) supplies power energy in northern Brazil's Pará state. Its concession area comprises 1,247,690km2, serving over 2mn consumers in 144 municipalities under a 30-years distribution concession contract that expires in July 2028. It also holds a concession contract for the operation of 11 thermoelectric plants, comprising an installed capacity of 26,350MW. The firm is a former subsidiary of Rede Energia, which sold its stake to Equatorial Energia for the symbolic amount of one real in 2012, after Celpa filed for bankruptcy protection with a reported debt of US$3.4bn.

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