Celesc

Centrais Elétricas de Santa Catarina S.A.
Type Sociedade Anônima
Traded as BM&F Bovespa: CLSC3
Industry Electricity
Founded 1955 (1955)
Headquarters Florianopolis, Brazil
Key people Antonio Gavazzoni (CEO)
Products Electrical power
natural gas
Services Electricity distribution
Electricity transmission
Revenue US$2.3 billion (2010)
Net income US$163.7 million (2010)
Employees 3,970
Website www.celesc.com

Celesc (BM&F Bovespa: CLSC3, CLSC6 ) is the electricity utility for the southern Brazilian state of Santa Catarina. 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.

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 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).

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