Ordinance no. 765/ 2010 was published and establishes, while implementing the provisions of article 33-A of Decree-Law no. 172/2006 of 23 August, a capacity payment regime applicable to power plants located in Portugal that operate in the liberalized market, thus promoting the harmonization of the capacity payment conditions at the Iberian level.

The Brazilian electricity regulator, ANEEL, approved a 7.19% tariff reset index for EDP Escelsa, for the period from August 7th 2010 to August 6th  2011.

Today, in accordance with Law 17/2007 of July 4th, which modifies law 54/97 of the Spanish Electricity Sector and obliges distribution companies to sell their transmission assets to Red Eléctrica de España, S.A.U. (“REE”), Hidrocantábrico Distribución Eléctrica, S.A.U. (“HC Distribución”), EDP Group’s subsidiary for the electricity distribution business in Spain, signed an agreement for the sale of its transmission assets to REE for €58million.

Within the scope of the privatization process of Naturgas Energia Grupo, S.A. (“Naturgas”) which occurred in 2003, Hidroeléctrica Del Cantábrico S.A. (“HC) (96,86% owned by EDP) acquired a controlling stake in Naturgas and closed with Ente Vasco De La Energia (“EVE”), a shareholder agreement valid until July 30th, 2010, which included a put option for part or the whole of EVE’s stake in Naturgas, to be exercised at market value until July 30th, 2010.

Moody's Investors Service (“Moody’s”) has confirmed today the A3 ratings of Energias de Portugal, S.A. (“EDP”) with a stable outlook.

Blackrock Inc. (“Blackrock”) notified EDP that as a result of a share transaction concluded on the 22nd of June 2010, its participation has gone below 2% of EDP’s share capital.

EDP Renováveis, S.A. (“EDPR”), a subsidiary 77.5% controlled by EDP and listed in the Euronext Lisbon Stock Exchange, through its fully owned US subsidiary Horizon Wind Energy LLC, has secured $141 million of institutional equity financing from Wells Fargo Wind Holdings LLC in exchange for an interest in the Vento III portfolio.