Companhia Paranaense de Energia - COPEL (ELP)
Filed: 11 Jan 17, 12:00am
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
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of January, 2017
Commission File Number 1-14668COMPANHIA 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
(5541) 3222-2027
80420-170 Curitiba, Paraná
Federative Republic of Brazil
(5541) 3222-2027
(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____
Material Fact–01/17
Colíder HPP–Schedule Change
Companhia Paranaense de Energia–COPEL, a company that generates, transmits, distributes and sells power, with shares listed on the BM&FBOVESPA (CPLE3, CPLE5, CPLE6), the NYSE (ELPVY, ELP) and the LATIBEX (XCOP), hereby informs its shareholders and the market in general that the expected date for the beginning of commercial operations of the Colíder Hydroelectric Power Plant has been revised: the first generation unit is expected for December 2017, while the third and last generation unit is expected to begin operations in April 2018 (the forecast disclosed in our last Quarterly Information - ITR was that operations would begin in the second half of 2017).
The change in the start-up schedule is the result of difficulties related to environmental licensing and supplier delays in equipment delivery and services related to electromechanical assembly and construction of the transmission line associated with the plant.
With investments of R$2.2 billion, the project located on the Teles Pires River, in Northern of the State of Mato Grosso, will have an installed capacity of 300 MW and a assured power of 179.6 average MW, 125 average MW of which was sold in the regulated environment at the final rate of R$103.40/MWh, on the reference date of July 1, 2010, restated by the IPCA index to R$158.25 until November 2016.
Curitiba, January 11, 2017.
Gilberto Mendes Fernandes
Chief Corporate Management Officer interim as Chief Financial and Investor Relations Officer
For further information, please contact the Investor Relations team:
ri@copel.com or (41) 3222-2027
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: January 11, 2017
| COMPANHIA PARANAENSE DE ENERGIA – COPEL | ||
| By: | /S/ Luiz Fernando Leone Vianna | |
Luiz Fernando Leone Vianna 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.