EDP solar project requires felling of hundreds of holm and cork oaks
Company “guarantees three times as many oaks will be planted” Another “massive photovoltaic project for Europe” to be sited in Portugal – and hundreds more protected tree species’ will need
EDP ‘CMEC corruption’ trial starts with defence arguing charges are baseless
After years in which the alleged crimes in this case have been plastered over the media, the EDP ‘CMEC corruption case’ has finally begun, with the defence arguing that the
Prosecutors press for jail in EDP ‘corruption’
With the closing arguments today of the long-running EDP case, public prosecutors have called for effective jail sentences for former economy minister Manuel Pinho, and disgraced former banker Ricardo Salgado,
Judge rules EDP top brass were legally removed
Three and a half years after Judge Carlos Alexandre ordered the removal from office of the then EDP ‘top brass’ (António Mexia and Manso Neto), bail of a million euros
EDP posts 2023 net profit up 40%
EDP (Energias de Portugal) posted net profit of €952 million last year, up 40% on 2022, thanks, among other things, on “the recovery of hydroelectric production in Portugal,” the company
EDP workers hold protest in Lisbon
Hundreds of EDP workers have been demonstrating outside their company’s headquarters in Lisbon today, at a point where they are also holding a 24-hour strike. Dressed as if for work,
EDP workers call national strike/ sit-in in central Lisbon
Workers seek “correction of injustices; valorisation of professional experience” Fiequimetal, the syndical commission representing workers at EDP, is promising a “major day of struggle” next Wednesday, when there is to
Climate activists in new protest against EDP
Climáximo group accuses Portuguese power giant of being ‘one of largest polluters’ With COP28 ongoing in Dubai – and stories emerging of how political manoeuvering in Portugal has reduced the
EDP raises 2023 profit forecast to between €1.2 – €1.3 billion
Power giant EDP said today that it expects a profit of between €1.2 billion and €1.3 billion in 2023, €100 million to €200 million more than previously estimated, due to
‘Other EDP case’ sees judges rule in defendants’ favour
While one EDP case got off to a shambolic start after 12 years earlier this week, the other case that has been in and out of the tabloids, saw defendants