Copperleaf® Technologies Inc. announces the selection of its decision analytics solution by the distribution subsidiary of Copel, one of the largest integrated energy groups in Brazil, responsible for supplying electricity to more than 5 million customers in the state of Paraná.
Copel has been investing heavily in a program to reinforce the State’s electrical infrastructure and improve the reliability of its asset base. Medium and high-voltage substations and distribution lines are being built and expanded to improve the population’s quality of life and offer customers a safe, high-performance network. Guided by its strategic pillar of discipline in capital allocation, Copel recognized the need for a transparent and objective, end-to-end investment planning process to create and compare investment scenarios, obtain relevant business insights about its portfolio, and justify plans to the board of directors.
Copel Distribuição has partnered with Copperleaf and Concert Technologies to help the company streamline investment planning and ensure portfolios are optimized to deliver maximum value to regulators, shareholders, and customers.
“We are committed to making Copel Distribuição an increasingly efficient company. Our expectation with this solution is to ensure that future investments and asset management bring even greater benefits,” stated Maximiliano Orfali, CEO of Copel Distribuição. Since 2019, Copel’s energy distribution subsidiary has invested R$6.7 billion (CAD $1.88 billion) in electrical infrastructure in Paraná.
“We are thankful to Copel for putting their trust in Copperleaf and proud to welcome them to our growing community. A pioneer in Latin America’s energy sector, we look forward to working with a company that is dedicated to Brazil’s sustainable energy future,” said Paul Sakrzewski, Copperleaf CEO. “Copperleaf and Concert Technologies will enable Copel to clearly align their resource allocation decisions with their strategic goals, including financial, sustainability, and reliability targets.”
“Copel’s vision is to lead the electricity sector and, at the same time, promote sustainable development and generate sustainable value,” said Karina Perez, Copperleaf Regional Sales Director in Latin America. “We are excited to support the company in achieving these goals through value-based decision making.”
“This project demonstrates Concert’s firm commitment to offering high-value-added solutions for the electricity sector, whether through internal developments or strategic partnerships with international leaders, such as Copperleaf. I am sure that we are contributing, once again, to the evolution of the sector towards an increasingly data-driven approach,” said Felipe Sant’Anna, Innovation and New Business Manager at Concert Technologies.
