Celesc secures USD 243 million loan: what it means for Celesc stock

Published on 10/21/2026 at 06:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Celesc's BID II program totals USD 305.60 million for grid upgrades. Celesc stock stood at BRL 188.62 on October 19, 2026, above a BRL 101.90 low.

Financing and operating figures

Celesc reported BID approval for USD 243.00 million on October 1, 2026.
The company contribution to the program is USD 62.60 million.
Revenue reached BRL 12.52 billion for the 12 months ended June 30, 2026.

Celesc, BRCLSCACNPR3, Illustration mit AI erstellt.

Celesc (ISIN BRCLSCACNPR3) reported that the Inter-American Development Bank approved a USD 243.00 million loan for its distribution subsidiary on October 1, 2026. According to Atlas Publico, the program is designed to improve Santa Catarina's electricity system and support economic growth.

What does the financing mean?

The BID loan is part of the BID II program for Celesc Distribuicao. Celesc is providing USD 62.60 million, taking the estimated investment total to USD 305.60 million. The financing includes a 72-month grace period and amortization over 24 years and 6 months, with semiannual payments, according to Atlas Publico.

Three dated financing steps

On May 14, 2026, Celesc's board approved the program. On September 24, 2026, the board reaffirmed that approval. On October 1, 2026, the BID announced approval of the USD 243.00 million loan. The company expects to sign the contract in the coming months, subject to legal and institutional formalities, Atlas Publico reported.

What supports the investment case?

Celesc's operating scale provides the counterweight to the financing story. For the 12 months ended June 30, 2026, revenue was BRL 12.52 billion and net income was BRL 875.09 million, according to Brasil 247. The same period included BRL 12.14 per share in dividends and interest on equity over the preceding 12 months.

Upcoming cash dates

The next substantiated dates concern the two scheduled installments of the latest interest-on-equity payment. Finance News reported payment dates of June 30, 2027, and December 30, 2027, with each installment representing 50 percent of the BRL 78.60 million total.

Stock valuation and trading venue

Celesc preferred stock is listed on B3 under ticker CLSC4. The share stood at BRL 188.62 on October 19, 2026, while the 52-week range was BRL 101.90 to BRL 197.01. Market capitalization was BRL 6.93 billion on the same dated quote page. The financing therefore adds a quantified infrastructure commitment to a company already reporting BRL 12.52 billion in trailing revenue.