Cia Celg de Participacoes S.A. (GPAR3)
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Cia Celg de Participacoes S.A. Profile
| Electric Utilities Industry | Utilities Sector | Mr. Jose Fernando Navarrete Pena CEO | B3 Exchange | BRGPARACNOR4 ISIN |
| Brazil Country | - Employees | 25 Nov 2022 Last Dividend | 6 Jun 2005 Last Split | - IPO Date |
Overview
Companhia CELG de Participações S/A, established in 2006 and headquartered in Goiânia, Brazil, is a leading player in the energy sector, primarily focusing on the generation, transmission, and distribution of electricity. The company's operations are mainly centered around exploiting hydro power to generate electricity, showcasing a commitment to renewable energy sources. Furthermore, it has developed a significant infrastructure base with a network encompassing 756 km of 500 kV lines and 12 substations to support its transmission and distribution activities, ensuring reliable electricity supply across its service areas.
Products and Services
- Electricity Generation:
- Electricity Transmission:
- Electricity Distribution:
Companhia CELG de Participações S/A is dedicated to the generation of electricity primarily through hydro power plants. This involves harnessing the energy from flowing or falling water to generate electrical energy, reflecting the company's focus on renewable and sustainable energy sources.
The company owns and operates an extensive network of transmission lines, specifically 756 km of 500 kV lines. This network is crucial for the movement of high-voltage electricity from the generation sites to substation points or to distribution networks, thereby facilitating the supply of electricity over large distances.
With 12 substations under its management, Companhia CELG de Participações S/A plays a vital role in the distribution of electricity. These substations are integral to modifying the electrical voltage for safe and efficient supply to homes, businesses, and other users, marking the final step in the delivery process from generation to end-users.
