edp announcement

Fitch considers that EDP's ratings is not affected by Portugal's downgrade

Miércoles, 29 Diciembre 2010

Today, Fitch Ratings said that EDP - Energias de Portugal, S.A.'s (EDP) ratings are not affected by Portugal rating downgrade last week. Fitch currently rates EDP's Long-term Issuer Default rating (IDR) at "A-" with a Stable Outlook.

Today, Fitch Ratings ("Fitch") said that EDP - Energias de Portugal, S.A.'s (EDP) ratings are not affected by Portugal rating downgrade last week. Fitch currently rates EDP's Long-term Issuer Default rating (IDR) at "A-" with a Stable Outlook.

The decision is supported by EDP's fairly defensive business profile which limits its exposure to market volatilities in countries in which it operates, including Spain.

EDP – Energias de Portugal, S.A.