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        EDP

         Norges Bank reduces share in EDP to 4.97%
        0
        By Christopher Graeme
        In Banks, EDP, News, Shareholdings
        Posted 5 Abril, 2024

        Norges Bank reduces share in EDP to 4.97%

        Norges Bank, which runs Norway’s sovereign fund, informed the Portuguese energy giant EDP that it had “reduced its capital share” in the electricity and renewables company to 4.9% along with [...]

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         EDP profits up 40% to €952 million in 2023
        0
        By Christopher Graeme
        In Companies, EDP, News
        Posted 1 Março, 2024

        EDP profits up 40% to €952 million in 2023

        EDP profits increased 40% in 2023 compared to the previous year, to €952 million. The announcement was made on Thursday after the energy giant had announced a tumble in profits by half (€309 [...]

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         EDP to focus investments in two thirds of its markets
        0
        By Christopher Graeme
        In EDP, Eolic energy, Investment, News
        Posted 9 Fevereiro, 2024

        EDP to focus investments in two thirds of its markets

        EDP, one of the largest companies investing in wind energy worldwide, has announced that it will prioritise investments in around 20 growing markets or two-thirds of the countries where it has [...]

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         Portugal should have postponed closing coal-fired power station
        0
        By Christopher Graeme
        In EDP, Energy, Green energy, News
        Posted 12 Janeiro, 2024

        Portugal should have postponed closing coal-fired power station

        The former president of EDP – Energias de Portugal, António Mexia, said this week that given the current energy crisis caused by the war in Ukraine, Portugal would have done well to [...]

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         EDP issues €750M in green bonds
        0
        By Christopher Graeme
        In EDP, Green bonds, News
        Posted 10 Janeiro, 2024

        EDP issues €750M in green bonds

        Portugal’s energy giant EDP has issued €750 million in green bonds with a six year maturity aimed at investors. It is the latest bond issue of this type from the company led by Miguel Stilwell [...]

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         EDP completes wind portfolio sale in Brazil
        0
        By Christopher Graeme
        In EDP, News
        Posted 2 Janeiro, 2024

        EDP completes wind portfolio sale in Brazil

        EDP Renováveis – the renewables arm of Portugal’s electricity giant EDP, has concluded the sale of a portfolio of eolic wind energy projects in Brazil for €300 million to the Norwegian [...]

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         EDP sells 51.3% of its tariff deficit for €1.1Bn
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 22 Dezembro, 2023

        EDP sells 51.3% of its tariff deficit for €1.1Bn

        EDP has agreed to sell 51.3% of its tariff deficit for 2024 for €1.1Bn. In recent years electricity tariff deficits have emerged in Spain, Portugal, Greece and in some other Member States. Tariff [...]

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         Brussels gives green light to sell 50% of Aboño to Oppidum
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 18 Dezembro, 2023

        Brussels gives green light to sell 50% of Aboño to Oppidum

        The EU Commission has authorised EDP – Energias de Portugal to sell half of the power stations group Aboño to the Corporación Masaveu which holds Oppidum, the second largest shareholder in [...]

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         EDP profits up 83% to €946M
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 3 Novembro, 2023

        EDP profits up 83% to €946M

        Portugal’s multinational energy provider EDP achieved a net result of €946 million, an 83% increase on the same period last year when it posted a €518 million result. According to EDP, the [...]

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         EDP Renewables accounts “disappointing”
        0
        By Christopher Graeme
        In EDP, News, Renewables
        Posted 23 Outubro, 2023

        EDP Renewables accounts “disappointing”

        The international investment bank Goldman Sachs says that the third quarter results for EDP Renováveis, the renewables arm of Portuguese energy giant EDP, are “disappointing” and have [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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        • Why the changing economic winds in Germany could bring opportunities for Portugal
          Why the changing economic winds in Germany could bring opportunities for Portugal
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          House prices up 8% in June on same period last year
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          Lisbon Metro reduces debts to €19.8 million in 2024
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