edp announcement

EDP announces mandate and investor calls for a securitization of tariff deficit

Wednesday, 23 May 2018

EDP announces mandate and investor calls for a potential securitization transaction of tariff deficit in Portugal

Pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-A of the Portuguese Securities code, EDP - Energias de Portugal, S.A. (“EDP”) is providing the following information to the market:




StormHarbour Securities LLP has been mandated as sole arranger and Joint Lead Manager and Banco Santander Totta, S.A. has been mandated as Joint Lead Manager for the sixth Volta transaction, a securitization transaction of credit rights held by EDP Serviço Universal, S.A. in relation with the deferment, for the period of 5 years, of the recovery of the over costs of 2018 (including the adjustments for 2016 and 2017) with the activity of acquisition of electricity to special regime generators.




Contacts with qualified investors will commence shortly through Investor Calls.




EDP – Energias de Portugal, S.A.