Celesc secures USD 243.00 million loan: what it means for Celesc stock

Published on 10/02/2026 at 18:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Celesc adds USD 62.60 million locally to the program. For Celesc stock this means USD 305.60 million for grid upgrades.

Celesc, BRCLSCACNPR3, Illustration mit AI erstellt.

Celesc (ISIN BRCLSCACNPR3) secured approval for a USD 243.00 million financing package from the Inter-American Development Bank on October 2, 2026. Finance News reported that the funds will support Celesc Distribuicao and improvements to the electricity network in Santa Catarina.

USD 305.60 million investment plan

The financing forms part of the BID II program, which combines the USD 243.00 million loan with USD 62.60 million in local counterpart funding. The planned investment therefore totals USD 305.60 million, with the program aimed at network upgrades and more reliable electricity distribution.

The loan approval is a financing milestone, but the company still expects the related contract to be signed with the IDB in the coming months, according to Finance News on October 2, 2026. That timing matters because approval sets the funding framework, while signing precedes implementation.

Second-quarter figures improve

Celesc also entered the announcement with a stronger second-quarter operating comparison. Consolidated revenue rose from BRL 2,899.50 million in the second quarter of 2025 to BRL 2,999.60 million in the second quarter of 2026, according to Valor.

Net income attributable to shareholders increased from BRL 148.50 million to BRL 296.10 million over the same period, while operating profit reached BRL 442.40 million. The comparison gives the financing story a measurable operating backdrop: the investment program is being announced alongside higher quarterly earnings and a stronger operating result.

Market value and trading context

On September 27, 2026, Celesc had a BRL 5.9 billion market capitalization on B3. Its 52-week range was BRL 99.87 to BRL 160.79, placing the latest quoted market value near the upper end of that interval.

For Celesc stock, the relevant investor question is execution. The USD 305.60 million program has a defined funding structure, while the second-quarter comparison shows revenue of BRL 2,999.60 million and net income of BRL 296.10 million. Together, those figures connect the proposed network investment with the company's current earnings base.