EDPR informs about deliberation by the competition authority regarding ENEOP
EDPR was notified by the Portuguese Competition Authority's about the decision of non-opposition to EDPR holding 100% of certain assets from ENEOP, corresponding to 613 MW.
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 Renováveis S.A. ("EDPR"), 77.5% controlled by EDP, was notified by the Portuguese Competition Authority's (Autoridade da Concorrência) about the decision of non-opposition to EDPR holding 100% of certain assets from ENEOP – Eólicas de Portugal, S.A. ("ENEOP"), corresponding to 613 MW.
ENEOP, in which EDPR has a 40% interest amongst the wind power operators, has today a total capacity of 1,332 MW. The shareholders of ENEOP have already agreed on the asset split process, in which certain assets will be allocated to each shareholder. The final financial agreements of the asset split process are undergoing and expected to be completed over the next months.
With the completion of this process, EDPR assets in Portugal will total 1,243 MW.
EDP – Energias de Portugal, S.A.
Download
