edp announcement

Moody's confirms EDP's long term credit rating to "A2" on Horizon acquisition assigning negative outlook

Viernes, 19 Octubre 2007

Moody's Investors Service ("Moody's") concluded its review and confirmed the A2 long-term issuer and senior unsecured ratings and the Prime-1 short-term ratings of Energias de Portugal SA ("EDP") and its finance subsidiary, EDP Finance BV.

Today, Moody's Investors Service ("Moody's") concluded its review and confirmed the A2 long-term issuer and senior unsecured ratings and the Prime-1 short-term ratings of Energias de Portugal SA ("EDP") and its finance subsidiary, EDP Finance BV. Moody's also confirmed the A3 senior unsecured ratings and the Prime-2 short-term rating of EDP subsidiary Hidroelectrica del Cantabrico ("HC Energia").

Moody's has also assigned a negative outlook to the ratings as a result of the group's completion of the acquisition of US-based Horizon Wind Energy LLC ("Horizon").


EDP - Energias de Portugal, S.A.