EDP Energias de Portugal SA (EDP.LS)
Fri, Oct 19 2018
LISBON, Oct 19 A consortium led by Portugal's EDP Renewables (EDPR) will invest 125 million euros ($144 million) over three years in a 25 megawatt (MW) floating offshore wind farm, EDPR's principal shareholder Energias de Portugal said on Friday.
LISBON Portugal's government wants the headquarters of EDP and its renewable unit, EDPR , to remain in Lisbon and it will not comment on possible other bidding interest for EDP, the secretary of state for energy said on Tuesday.
French energy group Engie is considering a bid for the 7.3 billion-euro ($8.5 billion) renewables unit of Portuguese power firm EDP-Energias de Portugal SA, Bloomberg reported on Monday.
LISBON EDP-Energias de Portugal CEO Antonio Mexia is touring London, Beijing and New York as he tries to convince investors that a takeover bid offered by China Three Gorges is too low while EDP seeks clarification from the bidder.
LISBON, June 9 EDP-Energias de Portugal sees merits in the plans of suitor China Three Gorges (CTG), it said on Saturday, signalling it may be open to an improved offer after rejecting a 9 billion euro ($10.6 billion) takeover proposal as too low.
LISBON EDP-Energias de Portugal will remain under normal management without limitations usually imposed by takeover rules because these do not apply to the bid by the state-owned, unlisted entity China Three Gorges, market regulator CMVM said on Friday.
LISBON, June 1 EDP-Energias de Portugal will remain under normal management without limitations usually imposed by takeover rules because these do not apply to the bid by the state-owned, unlisted entity China Three Gorges, market regulator CMVM said on Friday.
LISBON, May 29 Utility company EDP may balk at the meagre 5 percent premium offered for its shares by China Three Gorges (CTG) but the battle for Portugal's biggest business has largely played out already.
LISBON, May 23 Portuguese Prime Minister Antonio Costa said on Wednesday that a change in the country's takeover law last year had nothing to do with a subsequent bid by China Three Gorges for utility Energias de Portugal (EDP), the country's biggest company.
LISBON Portugal's market watchdog has waived a requirement in its takeover rules that will make it easier for China Three Gorges to pursue its bid for utility EDP-Energias de Portugal .
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