Search

In December 2004, within the scope of the acquisition of a 56.2% stake of Hidroeléctrica Del Cantábrico S.A. ("HC"), EDP established with Cajastur - Caja de Ahorros de Asturias ("Cajastur"), currently Liberbank S.A. ("Liberbank"), a shareholders' agreement that included a put option for Liberbank on its remaining 3.13% stake in HC, to be exercised until December 31st, 2025, for a price indexed to the value of EDP shares.

Fitch Ratings has maintained EDP and EDP Finance B.V.'s "BBB-" Long-term Issuer Default Ratings ("IDR") and senior unsecured ratings and "F3" Short-term IDR on Rating Watch Negative ("RWN"). Fitch has also maintained Hidroelectrica del Cantabrico, S.A.'s "BBB-" Long-term IDR and "F3" Short term IDR on RWN.

On December 23, 2013, Massachusetts Financial Services Company ("MFS") notified EDP regarding the decrease of a qualifying holding of 2.15% to 1.996% of the EDP share capital.

Within the scope of the Brazilian A-5 auction carried out today by the Brazilian Electricity Regulatory Agency (ANEEL), EDP Group was awarded the following renewable energy generation projects.

EDP Serviço Universal, S.A., the last resort supplier of the Portuguese electric system, 100% owned by EDP Group, agreed today the sale of a portion of EUR 138 million, and the respective interest, of the 2013 tariff deficit related with special regime generation.

On February 13th, 2014, Norges Bank (The Central Bank of Norway) notified EDP that it came to hold 81,506,689 ordinary shares of EDP, which corresponds to 2.23% of EDP's share capital and 2.23% of the respective voting rights.

As a result of this transaction, BES currently holds 1,964,963 shares, representing 0.05% of EDP share capital and 0.05% of its voting rights.

Fitch Ratings has maintained EDP and EDP Finance B.V.'s "BBB-" Long-term Issuer Default Ratings and senior unsecured ratings and "F3" Short-term IDR on Rating Watch Negative. Fitch has also maintained Hidroelectrica del Cantabrico, S.A.'s "BBB-" Long-term IDR and "F3" Short term IDR on RWN.