Conclusion of sale by EDPR of minority stakes in wind farms in Portugal
Friday 28, June 2013
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This article has more than 6 months
Following the information released to the market on December 20th 2012 and the obtainment of the relevant regulatory approvals, EDP Renováveis S.A. has completed the sale of 49% equity shareholding and 25% of the outstanding shareholders loans in EDP Renováveis Portugal, S.A. for a final consideration of EUR 368 million.
Pursuant to the terms and for the purposes of article 248 of the Portuguese Securities code, EDP - Energias de Portugal, S.A. ("EDP") is providing the following information to the market:
Following the information released to the market on December 20th 2012 and the obtainment of the relevant regulatory approvals, EDP Renováveis S.A. ("EDPR") has completed the sale of 49% equity shareholding and 25% of the outstanding shareholders loans in EDP Renováveis Portugal, S.A. for a final consideration of EUR 368 million, including the customary price adjustments to CITIC CWEI Renewables S.C.A. in accordance with the EDP/CTG strategic partnership established in December 2011 and that entered into force on May 2012.
EDP – Energias de Portugal, S.A.
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