EDP Brasil completed the acquisition of Eneva's stake in Pecém I plant
EDP – Energias do Brasil, EDP Group's subsidiary for the Brazilian electricity market, listed in São Paulo Stock Exchange and 51.0% owned by EDP, announced today that, on this date completed the acquisition of 50% of the total and voting capital of Porto do Pecém Geração de Energia S.A. held by Eneva, paying a total of R$300 million.
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 – Energias do Brasil ("EDP Brasil"), EDP Group's subsidiary for the Brazilian electricity market, listed in São Paulo Stock Exchange and 51.0% owned by EDP, announced today that, on this date, following the information released to the market on December 9th 2014, it completed the acquisition of 50% of the total and voting capital of Porto do Pecém Geração de Energia S.A. ("Porto do Pecém") held by Eneva.
The financial closing follows the fulfillment of all conditions preceding the transaction. EDP Brasil paid a total of R$300 million.
EDP – Energias de Portugal, S.A.