Pursuant to the terms and for the purposes of article 248 of the Portuguese Securities code, EDP - Energias de Portugal, S.A. ("EDP") provides the following information to the market and general public:

On 13th December 2013, Terra Nova Consortium, constituted 66.6% by EDP – Energias do Brasil ("EDP Brasil") and 33.3% by Companhia Furnas Centrais Elétricas S.A. ("Furnas"), obtained the concession for São Manoel hydro power plant in the A-5 auction held by ANEEL. This hydro power plant, with an installed capacity of 700 MW shall be built on the border of the Mato Grosso and Pará States, in the Teles Pires River.

In the context of the Memorandum of Understanding signed by EDP Brasil and CWE Investment Corporation ("CWEI"), on December 6, 2013, which establishes the key guidelines of a partnership aiming at future co-investments between EDP Brasil and CWEI, EDP Brasil signed, on this date, a Purchase and Sale Agreement with CWEI (Brasil) Participações Ltda ("CWEI Brasil"), a subsidiary of CWEI, to sell 33.3% of the company holding the rights to develop São Manoel hydro power plant to CWEI Brasil.

CWEI Brasil will reimburse the costs incurred by EDP Brasil and assume future equity commitments until the end of the construction, also assuming the risks and benefits of the project in proportion of the acquired stake. The financing of the project considers long-term debt with leverage estimated up to 66% on an investment of R$ 2.7 billion, not considering inflation and capitalized interests.
Under the terms of the Purchase and Sale Agreement, the conclusion of the transaction is subject to prior approval by the National Electric Energy Agency - ANEEL, Chinese regulatory bodies and the realization of other measures of corporate nature, necessary to the effectiveness of the transfer of control of the company's transactions' object, which is expected to occur by the second half of 2014.

The equity commitments made by CWEI Brasil shall be considered for the purposes of compliance with the Strategic Partnership signed between EDP and CTG, in relation to the total €2bn investment by CTG (including co-funding CAPEX) in operating and ready-to-build renewable energy generation projects.

EDP – Energias de Portugal, S.A.