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Comphania Paranaense de Energia Copel held a video conference call to discuss its second quarter 2026 results, reporting a 21% increase in EBITDA to BRL 1.6 billion and a 42.6% rise in recurring net income to BRL 645 million. The company completed the tariff review of Copel Distribution, achieving a remuneration base of close to BRL 20 billion, more than double the 2021 base. Copel also announced a new leverage target of 2.9x net debt over EBITDA, extended the convergence period to up to 48 months, and declared BRL 706 million in interest on equity to be paid in September 2026. The company invested BRL 957 million in capital expenditures during the quarter, including BRL 318 million to begin construction at the Foz do Areia and Segredo hydroelectric plants.
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