Investors &

Analysts'

Briefing

Reuters: EDP.LS

Bloomberg: EDP PL

EDP BRASIL AWARDED WITH 188 KM ELECTRICITY TRANSMISSION PROJECT

Lisbon, December 16th, 2022: EDP - Energias de Portugal, S.A. ("EDP"), through its 57.55%1 owned subsidiary EDP - Energias do Brasil S.A. ("EDP Brasil"), informs that, at the Auction for the Electric Energy Transmission Public Service Concession No. 2/2022, held by ANEEL on the present date, EDP Brasil placed the winning bid for Lot 2, located in the states of Rondônia, with R$ 24.9 million in Annual Allowed Revenue (RAP), a discount of 45.1%.

This lot, with 188 km of transmission line, has great synergy with EDP Transmissão Norte, located between the states of Acre and Rondônia, with a current physical progress of 22%. This synergy is maintained in the construction process, but also in the assets' operation and maintenance.

The result of EDP Brasil in the auction reinforces the Group's presence in Brazil and EDP's strategic decision to invest in networks, in line with the established in the 2021- 2025 Strategic Plan, and with appropriate return.

This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) no. 596/2014 of the European Parliament.

EDP - Energias de Portugal. S.A.

Investor Relations

Department

phone +351 21 001 2834

1 EDP owns directly 56.05% of EDP Brasil, however consolidates 57.55%, considering

ir@edp.com

treasury stock adjustment.

EDP - Energias de Portugal, S.A.

Issuer of shares admitted to trading on a regulated market Head Office: Av. 24 de Julho, 12 1249-300 Lisboa Portugal

Share Capital € 3 965 681 012 Registered at the Commercial Registry Office of Lisbon under no. 500697256 Company Tax Number 500697256

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

EDP - Energias de Portugal SA published this content on 16 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2022 19:52:06 UTC.