Two firms advise on Copel’s sale of 13 power plants to Electra
Rolim Goulart Cardoso advised the Electra Group, through its subsidiary Electra Hydra; Demarest advised Copel on the bidding process for the sale of 13 power plants (hydroelectric, thermoelectric and wind) to Electra Hydra Participações Societárias.
The transaction value BRL 450.5 million and totaling 118.7 MW of installed capacity.
The amount will be adjusted by the IPCA variation from March 31, 2025 until the closing date. The transaction also includes a debt of BRL21.4 million with the National Bank for Economic and Social Development (BNDES).
Demarest Advogados acted for Copel and relied on leading partners Bruno Aurelio (pictured left), Thiago Maia (pictured center-left), partners Ana Paula Schedel, Fernanda Stefanelo, Roberto Casarini, Pablo Queiroz, associates Roberta Helena Ramires Chiminazzo, Maria Julia Oliveira Franco, Veronica Betta, Telma Rocha Lisowski, Laura Guzzo, Thais Araujo, Allan Tasaka, Bianca Paleckis, Elisa Camargo Gandur.
Rolim Goulart Cardoso acted for Electra Hydra in the transaction and relied on partners Maria João Rolim (pictured center-right), Fabio Appendino (pictured right), Vitor Mello and Alessandra Torres, as well partner Daniel Pessoa.
