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EDP Energias de Portugal SA (EDP.LS)

EDP.LS on Lisbon Stock Exchange

3.17EUR
19 Oct 2018
Change (% chg)

€0.03 (+1.05%)
Prev Close
€3.14
Open
€3.15
Day's High
€3.17
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€3.15
Volume
75,430
Avg. Vol
4,292,877
52-wk High
€3.55
52-wk Low
€2.63

Latest Key Developments (Source: Significant Developments)

EDP: Capital Group Leaves Its Qualified Shareholding Position In EDP
Monday, 15 Oct 2018 01:45am EDT 

Oct 15 (Reuters) - EDP Energias de Portugal SA ::SAID ON SUNDAY THE CAPITAL GROUP COMPANIES'(CAPITAL GROUP) OWNERSHIP INTEREST IN EDP SHARE CAPITAL AND VOTING RIGHTS CROSSED THE 2% MINIMUM THRESHOLD FOR QUALIFIED SHAREHOLDING POSITIONS.ON OCTOBER 10 CAPITAL GROUP DID NOT HOLD ANY POSITION IN EDP SHARE CAPITAL AND VOTING RIGHTS.CAPITAL GROUP IS THE PARENT COMPANY OF US-BASED CAPITAL RESEARCH AND MANAGEMENT COMPANY.  Full Article

Engie Weighs Offer For $8.5 Bln EDP Renovaveis - Bloomberg
Monday, 25 Jun 2018 01:33pm EDT 

June 25 (Reuters) - :ENGIE WEIGHS OFFER FOR $8.5 BILLION EDP RENOVAVEIS - BLOOMBERG, CITING SOURCES.  Full Article

EDP Sells 641 Mln Euros In Securitization Of Electricity Tariff Deficit In Portugal
Wednesday, 13 Jun 2018 01:29am EDT 

June 13 (Reuters) - EDP Energias de Portugal SA ::SAID ON TUESDAY ITS UNIT, EDP SERVICO UNIVERSAL SA (EDP SU), AGREED A SALE WITHOUT RECOURSE TO TAGUS – SOCIEDADE DE TITULARIZACAO DE CREDITOS SA, OF A PORTION OF THE 2018 TARIFF DEFICIT, IN THE AMOUNT OF 641 MILLION EUROS AND RESPECTIVE INTEREST.THE 2018 TARIFF DEFICIT RESULTED FROM THE DEFERRAL, FOR THE PERIOD OF FIVE YEARS, OF THE RECOVERY OF THE 2018 OVER COSTS (INCLUDING THE ADJUSTMENTS FOR 2016 AND 2017) RELATED TO THE ACQUISITION OF ELECTRICITY FROM SPECIAL REGIME GENERATORS.TAGUS WILL FINANCE THIS TRANSACTION THROUGH THE ISSUANCE OF 650 MILLION EUROS OF SENIOR NOTES, 5 PERCENT OF WHICH WILL BE RETAINED BY EDP SU, WITH A YIELD OF 1.1 PERCENT, COUPON OF 1.1 PERCENT.THE TRANSACTION HAS BEEN SOLELY ARRANGED BY STORMHARBOUR SECURITIES LLP AND JOINT LEAD MANAGED BY BANCO SANTANDER TOTTA SA AND STORMHARBOUR SECURITIES LL.  Full Article

EDP: Capital Group, CIB And WGI Decrease Their Stakes
Monday, 21 May 2018 01:51am EDT 

May 21 (Reuters) - EDP Energias de Portugal SA ::SAID ON FRIDAY CAPITAL GROUP COMPANIES INC. (CAPITAL GROUP) NOTIFIED EDP IT DECREASED ITS QUALIFYING SHAREHOLDING TO 9.973 PERCENT OF EDP'S SHARE CAPITAL AND VOTING RIGHTS.SAYS CAPITAL GROUP NOW HOLDS 364.7 MLN SHARES OF EDP AND 10 AMERICAN DEPOSITARY RECEIPTS (ADR), EACH ADR CORRESPONDING TO 10 SHARES OF EDP.SAYS ABOVEMENTIONED SHARES AND ADR ARE INDIRECTLY HELD BY CAPITAL GROUP.CAPITAL INCOME BUILDER (CIB) NOTIFIED EDP IT DECREASED ITS QUALIFYING SHAREHOLDING TO 4.873 PERCENT OF EDP'S SHARE CAPITAL AND VOTING RIGHTS.SAYS CIB NOW HOLDS 178.2 MILLION SHARES OF EDP.CAPITAL WORLD GROWTH AND INCOME FUND (WGI) NOTIFIED EDP IT DECREASED ITS QUALIFYING SHAREHOLDING TO 1.979 PERCENT OF EDP'S SHARE CAPITAL AND VOTING RIGHTS.SAYS WGI NOW HOLDS 72.4 MILLION SHARES OF EDP.  Full Article

EDP Maintains 2018 Outlook Assuming Hydro Normalization For Rest Of Year And Recent Regulatory Changes In Portugal
Friday, 11 May 2018 05:55am EDT 

May 11 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::MAINTAINS 2018 OUTLOOK ASSUMING HYDRO NORMALIZATION FOR REST OF YEAR AND RECENT REGULATORY CHANGES IN PORTUGAL.  Full Article

EDP Brasil Launches Bid For Up To 33.6 Pct Of Celesc‍​
Tuesday, 27 Mar 2018 08:06am EDT 

March 27 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAYS EDP BRASIL LAUNCHES BID FOR UP TO 33.6 PERCENT OF CELESC.  Full Article

EDP Brasil Buys 14.5 Pct Of Celesc, To Launch Bid For Up To 33.6 Pct
Thursday, 22 Mar 2018 02:51am EDT 

March 22 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAID ON WEDNESDAY CONCLUDED PURCHASE OF 33.1 PERCENT OF ORDINARY SHARES AND 1.9 PERCENT OF PREFERRED SHARES OF CELESC FROM CAIXA DE PREVIDENCIA DOS FUNCIONARIOS DO BANCO DO BRASIL.SAYS PURCHASED SHARES CORRESPOND TO 14.46 PERCENT OF TOTAL SHARES OF CELESC.SAYS TRANSACTION PRICE IS 244 MILLION BRAZILIAN REALS.TO LAUNCH VOLUNTARY TAKE-OVER BID FOR UP TO 32 PERCENT OF PREFERRED SHARES OF CELESC FOR A PRICE OF 27 BRAZILIAN REALS PER SHARE, CORRESPONDING TO POTENTIAL TOTAL AMOUNT OF 199 MILLION BRAZILIAN REALS FOR 19.1 PERCENT OF TOTAL SHARES OF CELESC.  Full Article

EDP Signs A 5-Year Revolving Credit Facility For 2.24 Bln Euros
Wednesday, 7 Mar 2018 11:50am EST 

March 7 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SIGNS A 5-YEAR REVOLVING CREDIT FACILITY FOR 2.24 BILLION EUROS.SAYS CREDIT FACILITY REPLACES 2.00 BILLION EURO FACILITY SIGNED IN 2015 WITH 16 BANKS, THAT WAS DUE TO MATURE IN FEB 2020‍​.  Full Article

Portugal EDP 2017 net profit, EBITDA miss expectations
Thursday, 1 Mar 2018 12:03pm EST 

March 1 (Reuters) - EDP Energias De Portugal Sa ::EDP-ENERGIAS DE PORTUGAL 2017 NET PROFIT 1.113 BILLION EUROS VERSUS AVERAGE ANALYSTS FORECAST OF 1.35 BILLION EUROS.EDP-ENERGIAS DE PORTUGAL SAYS RECURRING 2017 NET PROFIT FALLS 8 PERCENT TO 845 MILLION EUROS.EDP-ENERGIAS DE PORTUGAL 2017 EBITDA AT 3.990 BILLION EUROS VERSUS AVERAGE FORECAST OF 4.02 BILLION EUROS.EDP-ENERGIAS DE PORTUGAL SAYS NET DEBT AT END-2017 13.9 BILLION EUROS VERSUS 15.92 BILLION EUROS YEAR EARLIER.EDP-ENERGIAS DE PORTUGAL 2017 REVENUE FALLS 6 PERCENT TO 5.39 BILLION EUROS.  Full Article

EDPR Secures 50 MW Long-Term Contract In US
Monday, 12 Feb 2018 12:00pm EST 

Feb 12 (Reuters) - EDP RENOVAVEIS SA ::SECURES 50 MW LONG-TERM CONTRACT IN US.CONTRACT SECURED WITH NESTLÉ TO SELL ENERGY PRODUCED FROM MEADOW LAKE VI WIND FARM.  Full Article

Deals of the day-Mergers and acquisitions

July 26 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: