EDP sells EUR 150 million of tariff deficit in Portugal
EDP sells EUR 150 million 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:
EDP Serviço Universal, S.A. (“EDP SU”), the last resort supplier of the Portuguese electricity system, 100% owned by EDP Group, agreed today the sale of EUR 150 million of the 2017 tariff deficit, related with special regime generation.
This tariff deficit resulted from the 5-year deferral of the recovery of the 2017 overcost with the acquisition of energy from special regime generation (including adjustments for 2015 and 2016).
EDP – Energias de Portugal, S.A.
