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EDP Energias de Portugal SA (EDP.LS)

EDP.LS on Lisbon Stock Exchange

2.93EUR
15 Dec 2017
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€0.03 (+1.07%)
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Latest Key Developments (Source: Significant Developments)

EDP sells 584 mln euros of securitization of electricity tariff deficit in Portugal
Thursday, 23 Nov 2017 01:27am EST 

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 01:11pm EDT 

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 02:36am EDT 

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

EDP concludes sale of 100 pct of EDP Gas to REN
Wednesday, 4 Oct 2017 12:17pm EDT 

Oct 4 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAYS CONCLUDES SALE THROUGH ITS UNIT EDP IBERIA OF 100 PERCENT OF EDP GAS DISTRIBUTION IN PORTUGAL TO REN GAS.  Full Article

EDP opposes regulator proposal on final adjustment of CMEC
Monday, 2 Oct 2017 04:22am EDT 

Oct 2 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAID ON FRIDAY THE EDP/REN TECHNICAL WORKING GROUP CALCULATED A CMEC (COSTS FOR MAINTENANCE OF CONTRACTUAL EQUILIBRIUM) FINAL ADJUSTMENT AMOUNT OF 256 MLN EUROS.SAYS PORTUGUESE ENERGY SECTOR REGULATOR (ERSE) ISSUED EARLIER ON THE SAME DAY A STATEMENT CONCEARNING CALCULATION OF CMEC MECHANISM WITH AN AMOUNT OF 154 MILLION EUROS.SAYS DOES NOT SEE REASONS FOR DISCREPANCY OF AMOUNTS AND WILL ANALYSE REPORT PREPARED BY ERSE AS SOON AS IT IS MADE AVAILIABLE.SAYS REJECTS ERSE'S ALLEGATIONS THAT CMEC MECHAMISM ENABLED TRANSFER TO LESS DEMANDING FRAMEWORK, COMPARED TO EXISTING ONE UNDER POWER PURCHASE AGREEMENT .SAYS CANNOT TRACE ANY BASIS TO ALLEGED OVERCOMPENSATION STATED IN ERSE'S REPORT, AMOUNTING TO 510 MLN EUROS.  Full Article

REN says conditions met for acquisition of EDP Gas SA
Thursday, 21 Sep 2017 12:02pm EDT 

Sept 21 (Reuters) - REN REDES ENERGETICAS NACIONAIS SA ::SAYS CONDITIONS MET FOR ACQUISITION BY ITS UNIT REN GAS OF TOTAL SHARE CAPITAL OF EDP GAS SA.SAYS EXPECTS TRANSACTION WILL BE COMPLETED WITHIN APPROXIMATELY 15 DAYS.  Full Article

EDP: Brazil's regulator approves 9.34 pct annual tariff increase
Tuesday, 1 Aug 2017 10:41am EDT 

Aug 1 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::BRAZILIAN ELECTRICITY REGULATOR, ANEEL, APPROVES 9.34 PERCENT ANNUAL TARIFF UPDATE FOR EDP ESPIRITO SANTO.BRAZIL'S ANEEL, APPROVES TARIFF UPDATE FOR PERIOD FROM AUG. 7, 2017 TO AUG. 6, 2018.  Full Article

Spain's Gas Natural says not in talks over any merger deal
Wednesday, 26 Jul 2017 07:13am EDT 

July 26 (Reuters) - Spain's Gas Natural :Asked about potential merger deal with Portugal's EDP <<>>, Chief Executive Officer Rafael Villaseca says no negotiation under way with any potential partner.  Full Article

EDP Group and Calidad Pascual sign power purchase agreement in Spain
Tuesday, 25 Jul 2017 07:42am EDT 

July 25 (Reuters) - EDP RENOVAVEIS SA ::The EDP Group and Calidad Pascual have signed a power purchase agreement (PPA) in the Spanish market.The three-way agreement will allow Calidad Pascual to buy wind energy produced at wind farms owned by EDP Renovaveis .The agreement has a term of 5 years and will run from January 1, 2018 until Dec. 31, 2023.  Full Article

EDP H1 total generation output down 6 pct YoY
Friday, 14 Jul 2017 02:44am EDT 

July 14 (Reuters) - EDP ENERGIAS DE PORTUGAL SA ::SAYS INSTALLED CAPACITY AT 26.2 GW AT END-JUNE, UP 6.9 PERCENT YOY.H1 TOTAL GENERATION OUTPUT DOWN 6 PERCENT YOY.H1 ELECTRICITY DISTRIBUTION IN PORTUGAL AND SPAIN UP 0.4 PERCENT AT 29,057 GWH YOY.H1 GAS DISTRIBUTION IN PORTUGAL AND SPAIN UP 7 PERCENT AT 19,718 GWH YOY.H1 ELECTRICITY DISTRIBUTION IN BRAZIL DOWN 0.3 PERCENT AT 12,392 GWH YOY.  Full Article

Deals of the day-Mergers and acquisitions

July 6 The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Thursday: