edp announcement
EDPR informs about Portuguese Competition Authority deliberation
Wednesday,
19
August
2015
Market Notifications
Investors
EDP Renováveis S.A. ("EDPR") hereby informs that it was notified by the Portuguese Competition Authority's (Autoridade da Concorrência) about its decision of non-opposition to EDPR holding exclusive control over certain assets of ENEOP – Eólicas de Portugal, S.A. ("ENEOP"), amounting to 613 MW.
Madrid, August 19th 2015: EDP Renováveis S.A. ("EDPR") hereby informs that it was notified by the Portuguese Competition Authority's (Autoridade da Concorrência) about its decision of non-opposition to EDPR holding exclusive control over certain assets of ENEOP – Eólicas de Portugal, S.A. ("ENEOP"), amounting 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.