Compass Dois Ltda. entered into a Control Block Purchase and Sale Agreement to acquire 51% stake in Companhia Paranaense de Gás - COMPAGAS from Companhia Paranaense de Energia - COPEL for BRL 910 million.

Compass Dois Ltda. entered into a Control Block Purchase and Sale Agreement to acquire 51% stake in Companhia Paranaense de Gás - COMPAGAS from Companhia Paranaense de Energia - COPEL (BOVESPA:CPLE6) for BRL 910 million on July 10, 2024. 40% of consideration will be paid at closing of operation, 30% of consideration will be paid until December 31, 2025 and remaining 30% consideration will be paid until December 31, 2026.

The completion of the Transaction is conditional on the non-exercise of the pre-emptive rights by current shareholders and the verification of usual conditions for operations of this nature, including approval by the competent bodies. XP Investimentos S.A. acted as financial advisor and Stocche, Forbes, Padis, Filizzola, Clapis Advogados acted as legal advisor to Companhia Paranaense de Energia.