Adjusted EBITDA, excluding non-recurring items, reached R$ 1,039.5 million in 4Q21, 26.6% lower than the R$ 1,417.2 million recorded in 4Q20. This reduction is mainly due to the drop in the results of the Araucária Thermoelectric Power Plant and Copel GeT, partially offset by the good result of Copel Distribuição. The main factors that explain the reduction are:
Investment company Counterpoint Mutual Funds LLC (Current Portfolio) buys iShares iBoxx USD High Yield Corporate Bond ETF, Del Taco Restaurants Inc, Advanced Emissions Solutions Inc, Amdocs, Comstock Resources Inc, sells Insperity Inc, ASE Technology Holding Co, America Movil SAB de CV, American Axle & Mfg Holdings Inc, Avery Dennison Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Counterpoint Mutual Funds LLC.
Investment company VanEck Low Carbon Energy ETF (Current Portfolio) buys Lucid Group Inc, Cia Paranaense De Energia Copel, Encavis AG, Neoen SA, Nordex SE, sells VAT Group AG, GCL-Poly Energy Holdings, Enel Americas SA, Verbund AG, China Longyuan Power Group Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, VanEck Low Carbon Energy ETF.