EDP - Energias do Brasil S.A. made an offer to acquire an additional 19.1% stake in Centrais Elétricas de Santa Catarina S.A. for approximately BRL 200 million.

EDP - Energias do Brasil S.A. (BOVESPA:ENBR3) made an offer to acquire an additional 19.1% stake in Centrais Elétricas de Santa Catarina S.A. (BOVESPA:CLSC4) for approximately BRL 200 million on March 27, 2018. As part of the transaction, EDP - Energias do Brasil has published the voluntary public tender offer, with the terms and conditions to acquire up to 32% of the preferred shares of Centrais Elétricas de Santa Catarina, for a price of BRL 27 per share, corresponding for 19.1% of the total shares of Centrais Elétricas de Santa Catarina. Should the take-over bid reach its total potential, EDP - Energias do Brasil will own 33.6% of Centrais Elétricas de Santa Catarina.

Banco Itau BBA S.A. acted as financial advisor while Cescon, Barrieu, Flesch e Barreto Advogados acted as legal counsel to EDP - Energias do Brasil S.A.