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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]