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EDP Energias de Portugal SA (EDPFY.PK)

EDPFY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Aneel Approved Regulatory Terms At Edp's Unit For 2019-2022
Wednesday, 7 Aug 2019 

Aug 7 (Reuters) - EDP Energias de Portugal SA ::SAID ON TUESDAY BRAZILIAN ELECTRICITY REGULATOR ANEEL APPROVED NEW TARIFFS FOR EDP ESPIRITO SANTO (EDP ES) FOR 2019-2022.SAYS THE NEW TARIFFS WILL REPRESENT AN ANNUAL ALLOWED REVENUES OF 979 MILLION REAIS FOR EDP ES VERSUS 862 MILLION REAIS IN THE LAST 12 MONTHS.  Full Article

EDPR Says Concludes 808 Mln Euros Asset Rotation Deal For Wind Farms In Europe
Wednesday, 31 Jul 2019 

July 31 (Reuters) - EDP Renovaveis SA ::SAID ON TUESDAY COMPLETES SALE OF ITS FULL EQUITY SHAREHOLDING AND OUTSTANDING SHAREHOLDER LOANS, TO INSTITUTIONAL INVESTORS ADVISED BY J.P. MORGAN ASSET MANAGEMENT, FOR A TOTAL CONSIDERATION OF 808 MILLION EUROS.PORTFOLIO COMPRISES OPERATING ONSHORE ASSETS WITH 997 MW OF INSTALLED CAPACITY (491 MW NET FOR EDPR – SHAREHOLDING AT 51% IN MOST OF WIND FARMS) IN SPAIN, PORTUGAL, FRANCE AND BELGIUM.  Full Article

EDPR Announces 1.2 Bln Reais Asset Rotation Transaction For Brazilian Wind Farms
Monday, 29 Jul 2019 

July 29 (Reuters) - Edpr ::ANNOUNCES 1.2 BILLION REAIS ASSET ROTATION TRANSACTION FOR BRAZILIAN WIND FARMS.SIGNED DEAL WITH AN AFFILIATE OF ACTIS TO SELL EDPR'S FULL STAKE IN AN 137 MW WIND FARM FOR 650 MILLION REAIS.SEES TO CLOSE THE DEAL IN Q4 2019.BASED ON TRANSACTION PRICE AND OUTSTANDING EXTERNAL NET DEBT, TOTAL IMPLIED ENTERPRISE VALUE FOR 100% OF ASSETS AMOUNTS TO 1.2 BILLION REAIS.  Full Article

EDP H1 Net Profit Up 7% At 405 Mln Euros YoY
Thursday, 25 Jul 2019 

July 25 (Reuters) - EDP Energias de Portugal SA ::H1 EBITDA 1.91 BILLION EUROS VERSUS 1.72 BILLION EUROS REPORTED YEAR AGO.H1 NET PROFIT 405 MILLION EUROS VERSUS 380 MILLION EUROS REPORTED YEAR AGO.H1 REVENUE 2.60 BILLION EUROS VERSUS 2.69 BILLION EUROS REPORTED YEAR AGO.  Full Article

Endesa CEO says company interested in EDP's Iberian hydro assets sale process
Tuesday, 23 Jul 2019 

July 23 (Reuters) - Endesa SA CEO JOSE BOGAS::SAYS: COMPANY HAS BEEN INVITED TO PARTICIPATE IN BIDDING PROCESS FOR IBERIAN HYDRO ASSETS OF EDP, DEADLINE FOR NON-BINDING OFFERS IS JULY 31.SAYS: ENDESA INTERESTED IN EDP'S IBERIAN HYDRO ASSETS BUT LOOKING FOR VALUE CREATION FOR SHAREHOLDERS.  Full Article

EDP Renovaveis Creates 50/50 JV With Engie For Offshore Wind Assets
Tuesday, 21 May 2019 

May 21 (Reuters) - Edp Renovaveis S.A. ::CREATES 50/50 JV WITH ENGIE FOR OFFSHORE WIND ASSETS.JV IS EXPECTED TO BE OPERATIONAL BY THE END OF 2019.JOINT-VENTURE WILL FOCUS ON MARKETS IN EUROPE, UNITED STATES AND SOME REGIONS OF ASIA.  Full Article

EDP And Engie To Create 50/50 JV In Offshore Wind
Tuesday, 21 May 2019 

May 21 (Reuters) - ENGIE SA ::EDP AND ENGIE JOIN FORCES TO CREATE A LEADING GLOBAL OFFSHORE WIND PLAYER.SIGNING OF STRATEGIC MOU TO CREATE A CO-CONTROLLED 50/50 JOINT-VENTURE (JV) IN FIXED AND FLOATING OFFSHORE WIND PLAYER.ENTITY WILL BE EXCLUSIVE VEHICLE OF INVESTMENT OF EDP, THROUGH ITS SUBSIDIARY EDPR, AND ENGIE FOR OFFSHORE WIND OPPORTUNITIES WORLDWIDE.EDP AND ENGIE, WILL COMBINE THEIR OFFSHORE WIND ASSETS AND PROJECT PIPELINE IN THE NEWLY-CREATED JV.TARGET OF REACHING 5 TO 7 GW OF PROJECTS IN OPERATION OR CONSTRUCTION AND 5 TO 10 GW3 UNDER ADVANCED DEVELOPMENT BY 2025.  Full Article

EDP Says On Track To Deliver Strategic Update 2019-2022 Targets
Friday, 17 May 2019 

May 17 (Reuters) - EDP Energias de Portugal SA ::ON TRACK TO DELIVER STRATEGIC UPDATE 2019-2022 TARGETS.  Full Article

EDP To Propose New Investments In Renewables And Asset Disposals For 2019-2022 Period
Monday, 11 Mar 2019 

March 11 (Reuters) - EDP Energias de Portugal SA ::SAID ON SUNDAY, IN RELATION TO NEWS FROM REUTERS NEWS AGENCY nL5N20V4PU AND ONLINE NEWSPAPER ECO, TO PROPOSE REINFORCEMENT OF INVESTMENTS IN RENEWABLES AND PLAN OF ASSET DISPOSALS FOR 2019-2022 PERIOD.SAYS WILL PROVIDE MORE DETAILS ON BOTH SUBJECTS IN PRESENTATION ON ITS STRATEGIC UPDATE ON MARCH 12.  Full Article

EDP To Consider Elliott's Proposals
Friday, 15 Feb 2019 

Feb 15 (Reuters) - EDP Energias de Portugal SA ::SAID ON THURSDAY IT WOULD CONSIDER ELLIOTT'S PROPOSALS, AS IT DOES IN THE ORDINARY COURSE FOR ALL SHAREHOLDERS.SAID TO PROVIDE A STRATEGIC UPDATE TO THE MARKET WITH THE RELEASE OF THE GROUP'S 2018 RESULTS ON MARCH 12.  Full Article

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Austria's Verbund confirms bid for EDP's hydro assets

VIENNA Verbund is bidding for the hydro assets of Portuguese utility EDP and made it on the shortlist of final bidders, the Austrian utility said on Monday.