EDP fast-forwards date for coal-fired plant closures
EDP has decided to close down its coal-fired power plants on the Iberian peninsula ‘ahead of time’, that is by January 2021. The plan – involving the Sines plant in
EDP faces ‘arguido’ status over ‘excessive rents’ scandal
Following the suspension from duty of two of its top brass, power giant EDP faces ‘arguido’ status in the Public Ministry case on ‘excessive rents’ charged via an allegedly corrupt
Civic movement demands share of EDP’s 2.2 billion sale to French of six dams
A civic movement in Miranda do Douro is demanding a share of EDP’s ‘sale’ last December of six dams to a French consortium – stressing the area’s natural heritage is
EDP share price dips €475 million as court suspends top brass
News that top brass at EDP have been suspended from their functions has sent the energy giant’s share price tumbling by €475 million. Says Expresso, the news about executive president
Public ministry wants EDP’s top brass ‘suspended from duty’
A massive legal battle is underway between the Public Ministry and the top brass of EDP, António Mexia and João Manso Neto. Both men have been implicated in a long-running
Towers toppled
Setúbal’s twin towers – 200 metre high structures that have loomed over Praia do Sado since the 70s – were finally toppled over the weekend as part of EDP’s move
EDP boss scoops €2.1 million in salary and bonuses
EDP executive president António Mexia scooped over €2.16 million in salary and bonuses last year. The overall costs to EDP by its ‘social organs’ (directors) came to €17.9 million, writes
EDP under investigation for destruction of protected cork oaks in Loulé
EDP is under investigation for the destruction and “severe pruning” of dozens of protected cork oaks (sobreiros) and scarlet oaks (azinheiras) in the parish of Salir (borough of Loulé). The
EDP receives Significant Investor Award at British trade awards
The CEO of Portugal’s electricity giant EDP (Energias de Portugal), António Mexia, took home the Significant Investor Award at Tuesday’s 11th UK Department for International Trade (DIT) Business Awards. The
EDP wins four contracts in US
EDP has won four contracts in the United States in the renewables sector and is poised to secure a fifth major contract for an offshore wind farm in Japan. The