Edition:
United States

EDP Energias de Portugal SA (EDPFY.PK)

EDPFY.PK on OTC Markets Group

31.65USD
22 Mar 2017
Change (% chg)

$0.34 (+1.08%)
Prev Close
$31.31
Open
$31.64
Day's High
$31.66
Day's Low
$31.63
Volume
2,692
Avg. Vol
8,476
52-wk High
$36.74
52-wk Low
$28.17

Latest Key Developments (Source: Significant Developments)

Portugal's EDP on track to deliver 2020 targets
Friday, 3 Mar 2017 05:58am EST 

EDP Energias de Portugal SA : Says is on track to deliver 2020 targets Source: http://bit.ly/2mA45i9 Further company coverage: [EDP.LS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

EDP Renovaveis sells 49 pct stake in wind asset portfolio for 242 mln euros
Tuesday, 28 Feb 2017 05:30am EST 

EDP Renovaveis SA : Said on Monday it reached an agreement with ACE Fund II LP, a unit of China Three Gorges (CTG), to sell 49 pct of equity shareholding and shareholder loans in a portfolio of wind assets for 242 million euros ($256.1 million) . The transaction scope covers 422 MW of wind technology, located in Portugal, with an average age of 6 years . Based on the transaction price, the total implied enterprise value for 100 percent of assets amounts to 707 million euros (494 million euros of equity value and shareholder loans and 213 million euros of external debt) .The implied enterprise value of the transaction amounts to 1.7 million euros per MW.  Full Article

EDP generation output grows 10 percent in 2016
Thursday, 26 Jan 2017 12:05pm EST 

EDP Energias de Portugal SA : Says installed capacity at 25.0 GW at end-2016, up 2.7 percent year-on-year . FY total generation output up 10 percent yoy . FY electricity distribution in Portugal and Spain up 0.4 percent at 57,818 GWh yoy . FY gas distribution in Portugal and Spain down 1.3 percent at 33,555 GWh yoy .FY electricity distribution in Brazil down 5.0 percent at 24,425 GWh yoy.  Full Article

EDP sells 48 mln euros of tariff deficit in Portugal
Wednesday, 14 Dec 2016 03:28am EST 

EDP Energias de Portugal SA :Said on Tuesday that its unit EDP Servico Universal SA had agreed the sale of 48 million euros ($51.1 million) from the 2015 tariff deficit in Portugal.  Full Article

Portugal's EDP runs a cash tender offer for $500 mln in bonds
Friday, 18 Nov 2016 01:44am EST 

EDP - Energias de Portugal SA : Said on Thursday runs a cash offer for up to $500 million to repurchase notes issued by EDP Finance BV . Offer covers two issues: 6.00 percent notes due February 2, 2018 and 4.90 percent notes due October 1, 2019 .Offer is aimed at optimising EDP's liability portfolio and increasing the average life of its debt.  Full Article

EDP sells 100 mln euros of tariff deficit in Portugal
Tuesday, 25 Oct 2016 01:25pm EDT 

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 01:32am EDT 

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 12:07pm EDT 

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 01:48am EDT 

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

EDP Energias de Portugal SA reaffirms its FY 2016 net profit guidance
Thursday, 5 May 2016 03:51am EDT 

EDP Energias de Portugal SA:Reaffirms its FY 2016 net profit guidance at about 900 million euros.  Full Article

More From Around the Web

Portugal's EDP considers sale of Naturgas network in Spain

LISBON/MADRID, Feb 17 Portugal's largest company EDP Energias de Portugal could sell the gas distribution network of its Spanish subsidiary Naturgas if it can get the right price, and has hired banks to evaluate the asset, sources told Reuters on Friday.