Celesc
Encyclopedia
Celesc is the electricity
Electricity
Electricity is a general term encompassing a variety of phenomena resulting from the presence and flow of electric charge. These include many easily recognizable phenomena, such as lightning, static electricity, and the flow of electrical current in an electrical wire...

 utility for the southern Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

ian state of Santa Catarina
Santa Catarina (state)
Santa Catarina is a state in southern Brazil with one of the highest standards of living in Latin America. Its capital is Florianópolis, which mostly lies on the Santa Catarina Island. Neighbouring states are Rio Grande do Sul to the south and Paraná to the north. It is bounded on the east by...

. In 2004 the company had around 1.8-million customers and sold around 12.9 TWh of electricity. It generates power from 12 plants, all of them hydroelectric, with installed capacity of around 83MW. The company also owns some 4,000 km of transmission lines and a 90,000 km distribution network. Celesc is headquartered in the Santa Catarina capital of Florianópolis
Florianópolis
-Climate:Florianópolis experiences a warm humid subtropical climate, falling just short of a true tropical climate. The seasons of the year are distinct, with a well-defined summer and winter, and characteristic weather for autumn and spring. Frost is infrequent, but occurs occasionally in the winter...

.

The state of Santa Catarina owns just over half of Celesc's stock, which is traded on BM&F Bovespa. The stock is part of the Ibovespa
Índice Bovespa
The Bovespa Index is an index of about 50 stocks that are traded on the São Paulo Stock, Mercantile & Futures Exchange ....

index.

In October 2006, the company passed by a reorganization process, in which it was transformed into a "holding" that kepts the name Centrais Elétricas de Santa Catarina. Two new companies had been created, one of them responsible for the distribution (Celesc Distribuição) and another responsible for the generation of electric power (Celesc Geração).

External links

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