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EDP Energias de Portugal SA (EDP.LS)

EDP.LS on Lisbon Stock Exchange

2.88EUR
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

EDPR Awarded Long Term Contracts For 218 MW At Brazilian Energy Auction
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - EDP RENOVAVEIS SA ::SAID ON WEDNESDAY, THROUGH ITS SUBSIDIARY EDP RENOVAVEIS BRASIL, SECURED A 20-YEAR POWER PURCHASE AGREEMENT (PPA) AT BRAZILIAN ENERGY AUCTION TO SELL ELECTRICITY IN REGULATED MARKET.ENERGY WILL BE PRODUCED BY TWO WIND FARMS TO BE INSTALLED IN THE STATE OF RIO GRANDE DO NORTE WITH REGISTERED CAPACITY OF 121.8 MW AND 97.1 MW.THE INITIAL AWARDED PRICE OF CONTRACTS WAS SET AT R$99/MWH AND R$97/MWH RESPECTIVELY.COMMERCIAL OPERATION EXPECTED TO OCCUR IN JANUARY 2023.  Full Article

EDP: Regulator Announces Electricity Tariffs For 2018
Monday, 18 Dec 2017 

Dec 18 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAID ON SUNDAY PORTUGUESE ENERGY SERVICES REGULATORY AUTHORITY (ERSE) ASSUMPTION FOR AVERAGE ELECTRICITY PURCHASE COST IN 2018 BY LAST RESORT SUPPLIER, EDP SERVICO UNIVERSAL, WAS REVISED UPWARDS FROM 51 EUROS/MWH TO 54 EUROS/MWH.REGULATED GROSS PROFIT FOR ACTIVITY OF ELECTRICITY DISTRIBUTION IN 2018, OPERATED BY SUBSIDIARY EDP DISTRIBUICAO, WAS REDUCED BY 14 MILLION EUROS TO 1.06 BILLION EUROS.FINAL ANNUAL RATE OF RETURN (ROR) FOR 2018-2020 WAS REVISED DOWNWARDS COMPARED TO PRELIMINARY PROPOSAL OF ERSE.THE FLOOR LIMIT WAS MOVED FROM 5.0 PCT TO 4.75 PCT.THE CAP LIMIT WAS MOVED FROM 10.0 PCT TO 9.75 PCT .FOR THE HIGH AND MEDIUM VOLTAGE DISTRIBUTION SEGMENT, THE PRELIMINARY RATE OF RETURN FOR 2018 WAS MAINTAINED AT 5.75 PCT BEFORE TAXES.  Full Article

EDP sells 584 mln euros of securitization of electricity tariff deficit in Portugal
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAID ON WEDNESDAY EDP SERVICO UNIVERSAL SA (EDP SU) SELLS A PORTION OF 2017 TARIFF DEFICIT TO TAGUS - SOCIEDADE DE TITULARIZACAO DE CREDITOS SA, IN THE AMOUNT OF 584 MILLION EUROS.TAGUS WILL FINANCE TRANSACTION THROUGH ISSUANCE OF 600 MILLION EUROS OF SENIOR NOTES, OF WHICH 5 PERCENT WILL BE RETAINED BY EDP SU.2017 TARIFF DEFICIT RESULTED FROM DEFERRAL, FOR A PERIOD OF 5 YEARS, OF RECOVERY OF 2017 OVER COSTS RELATED WITH ACQUISITION OF ELECTRICITY FROM SPECIAL REGIME GENERATORS.  Full Article

EDP 9-month adjusted EBITDA down 4 pct YoY
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::9-MONTH NET PROFIT 1.15 BILLION EUROS VERSUS 615 MILLION EUROS YEAR AGO.9-MONTH EBITDA 3.27 BILLION EUROS VERSUS 2.89 BILLION EUROS YEAR AGO.9-MONTH REVENUE 4.12 BILLION EUROS VERSUS 4.26 BILLION EUROS YEAR AGO.SAYS NET DEBT 15.14 BILLION EUROS AT END-SEPT VERSUS 15.92 BILLION EUROS AT END-DEC. 2016‍​.SAYS NET PROFIT IMPACTED BY 558 MILLION EURO GAIN FROM SALE OF NED.SAYS 9-MONTH EBITDA ADJUSTED FOR ONE-OFF IMPACTS DECREASED 4 PERCENT YOY.  Full Article

EDP 9-month total generation output down 3 pct YoY
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAYS INSTALLED CAPACITY AT 26.5 GW AT END-SEPT. UP 7.8 PERCENT YEAR ON YEAR.9-MONTH TOTAL GENERATION OUTPUT DOWN 3 PERCENT YEAR ON YEAR .9-MONTH ELECTRICITY DISTRIBUTION IN PORTUGAL AND SPAIN UP 0.4 PERCENT AT 43,500 GWH YEAR ON YEAR.9-MONTH ELECTRICITY DISTRIBUTION IN BRAZIL UP 0.5 PERCENT AT 18,405 GWH YEAR ON YEAR.9-MONTH GAS DISTRIBUTION IN PORTUGAL AND SPAIN DOWN 7 PERCENT AT 23,306 GWH YEAR ON YEAR.  Full Article

CTG Europe increases stake in EDP by 1.9 pct
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAID ON TUESDAY CHINA THREE GORGES (EUROPE) SA BUYS 70.1 MILLION SHARES REPRESENTING AROUND 1.9183 PERCENT OF EDP’S SHARE CAPITAL.BEFORE THE TRANSACTION CTG EUROPE HELD 780.6 MILLION SHARES REPRESENTING 21.35 PERCENT OF EDP’S SHARE CAPITAL, AFTER SAID TRANSACTION IT HOLDS 850.8 SHARES.  Full Article

EDP sells 100 mln euros of tariff deficit in Portugal
Tuesday, 25 Oct 2016 

EDP Energias de Portugal SA : Says agreed the sale of 100 million euros ($109 million) of the 2016 tariff deficit in Portugal via its wholly-owned unit EDP Servico Universal SA .The deficit resulted from the 5-year deferral of the recovery of the 2016 overcost with the acquisition of energy from special regime generation.  Full Article

Grupo Capital lowers stake in EDP
Friday, 19 Aug 2016 

EDP Energias de Portugal SA : Said on Thursday Capital Group Companies, parent company of US-based Capital Research and Management Company (CRMC), has decreased its stake in EDP to 14.989 percent from 15.54 percent .Says Capital Group now holds 548.1 million shares in EDP.  Full Article

Portugal's EDP H1 total generation output up 19 pct yoy
Thursday, 14 Jul 2016 

EDP Energias de Portugal SA : Says installed capacity reaches 24.5 GW in June 2016 . H1 total generation output up 19 percent yoy, driven by higher hydro resources in Iberia and higher wind generation prompted by capacity additions and better realized load factors . H1 electricity distribution in Portugal and Spain down 0.5 percent at 28,931 GWh yoy . H1 gas distribution in Portugal and Spain down 5.3 percent at 18,402 GWh yoy .H1 electricity distribution in Brazil down 5.4 percent at 12,429 GWh yoy.  Full Article

EDP Energias do Brasil share capital increase 98 pct subscribed
Wednesday, 8 Jun 2016 

EDP Energias de Portugal SA (EDP) : Said on Tuesday share capital increase of EDP Energias do Brasil of up to 1.5 billion Brazilian reais($436.22 million) has been subscribed in 98.4 percent . Says during the period of pre-emptive rights execution, 128.3 million ordinary shares were subscribed at 11.5 reais per share, which correspond to 1.48 billion reais . Says around 99.6 percent of the subscribers, including EDP, indicated the intention to subscribe the remaining shares .EDP Energias do Brasil is owned by EDP in 51 percent.  Full Article