EDP announces the signing of a Memorandum of Understanding for further development of EDP/CTG strategic partnership

Pursuant to the terms and for the purposes of article 248 of the Portuguese Securities Code, EDP - Energias de Portugal SA ("EDP") is providing the following information to the market:

EDP entered today into a Memorandum of Understanding ("MoU") with China Three Gorges ("CTG") regarding the development of both parties Strategic Partnership, as defined in their Framework Agreement ("FWA") signed in December 2011.

This MoU establishes key principles and areas of cooperation that will contribute towards further developing EDP/CTG Strategic Partnership. Additionally, the agreement acknowledges that the parties have provided visibility over the fulfilment of the €2,000 million commitment defined under the FWA, namely through the transactions under execution and/or under analysis, which are expected to be executed by the end of 2016.

Both EDP and CTG have taken this opportunity to reiterate the objective towards reinforcing its Strategic Partnership as part of both companies strategy going forward.  

EDP – Energias de Portugal, S.A.