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Integrated Annual Report 2025
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ESG Cases & Company Responses
For each ESG case involving the EDP Group, this section sets out the facts, the current status and the company's response — ensuring transparency and providing additional context.
ESG principles, policies and practices are central to EDP's strategy and to the way the company addresses the needs and interests of its stakeholders.
Even so, no company is immune to ESG controversies — allegations, regulatory proceedings or litigation may arise in the course of its activities and are closely monitored by ESG rating agencies. EDP's approach is to address them directly: for each case, this section discloses the underlying facts, the procedural status and the measures taken, and is updated as cases evolve. Cases that have been definitively closed and are no longer material remain identified as archived, preserving the full record.
ESG Cases
Tax controversy regarding sale of hydro portfolio
In December 2020, EDP sold a portfolio of Hydro Power Plants in Portugal to a French consortium led by ENGIE. There is an ongoing investigation process about the tax implications of the transaction.
As always, EDP is collaborating with the authorities. EDP understands, considering reputable experts’ opinion, that the operation met all legal and tax requirements.
See more details on page 332.
As always, EDP is collaborating with the authorities. EDP understands, considering reputable experts’ opinion, that the operation met all legal and tax requirements.
See more details on page 332.
Investigation process about CMEC and DPH
On 2 June 2017, EDP was made aware of the investigation being carried out by the DCIAP since 2012 regarding the amounts due to EDP for the early termination of the CAEs and the right of use over the DPH.
The procedure is still under investigation and until the present date there are no relevant developments or explanations on why EDP is a defendant.
See more details on pages 435-436
For further information, please see the latest update regarding this matter as well as EDP’s market notifications and public positioning.
The procedure is still under investigation and until the present date there are no relevant developments or explanations on why EDP is a defendant.
See more details on pages 435-436
For further information, please see the latest update regarding this matter as well as EDP’s market notifications and public positioning.
Abuse of market position
Following the Constitutional Court's final decision, the fine — reduced from EUR 48 million to EUR 40 million on appeal — was definitively settled, with EUR 7.94 million refunded to EDP Produção in January 2025. EDP has since reinforced its competition compliance programme. A related civil action brought by a consumer association is pending and is disclosed in the Integrated Annual Report.
See more details on pages 330-331.
See more details on pages 330-331.
Commercial Campaign EDP/Continente Plan
EDP, S.A. and EDP Comercial were charged by the Portuguese Competition Authority (AdC) with entering into an alleged non-compete agreement with Sonae MC. In March 2026, the Competition Court annulled the fines on limitation grounds; the AdC has announced an appeal and the case remains pending.
Regulatory Matters in São Paulo: Facts & Response
EDP São Paulo faces regulatory actions in several municipalities, focusing on the maintenance of electrical infrastructure and pole sharing. The company has implemented emergency and preventive measures. In May 2025, ANEEL recommended the renewal of its concession contract, based on compliance with performance indicators. The page linked below gathers information on controversies and measures adopted, reflecting EDP’s commitment to transparency.
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