On May 11, 2012, China Three Gorges International (Europe), S.A. (“CTGI Europe”), a company governed by the law of the Grand Duchy of Luxembourg, notified EDP -Energias de Portugal,S.A. (“EDP”), in accordance with article 16 of the Portuguese Securities Code, that, on the present date, it has acquired, through a transaction executed outside a regulated market, the ownership of 780,633,782 shares representing 21.35% of the share capital of EDP which are the object of the reference direct sale that pursued the 8th reprivatization phase of EDP, approved by Decree Law no. 106-A/2011, of 26 de October, and therefore, concluding the Reference Direct Sale Agreement entered into with Parpública – Participações Públicas (SGPS), S.A., on 30 December 2011.

On May 3, 2012, Barclays Plc notified EDP -Energias de Portugal,S.A. (“EDP”), in accordance with article 20 of the Portuguese Securities Code, about an increase of its participation in the EDP share capital. As a result of the increase Barclays holds 75,223,922 ordinary shares of EDP, which corresponds to 2.06% of EDP’s share capital and 2.06% of the respective voting rights.

EDP installed capacity reached 23.2GW in Mar-12, representing a 5% increase over the past 12 months. This growth was prompted by new wind capacity (+532MW) and the start-up of two hydro repowerings in Portugal: Picote II (246MW) and Bemposta II (191MW). In turn, generation output in 1Q12 reached 15TWh, 60% of which derived from CO2-free technologies (wind & hydro) despite very dry weather conditions in Iberia. Energy distributed by EDP rose 3% supported by gas in Iberia.

EDP – Energias de Portugal, S.A. informs that at the General Shareholders Meeting held on April 17th, 2012 the Shareholders have approved the following resolutions.

Fitch Ratings has placed all Spanish utilities and those utilities with sizeable exposure to Spain on Rating Watch Negative, among which EDP – Energias de Portugal, S.A., its finance subsidiary EDP Finance BV and its Spanish subsidiary, Hidroelectrica del Cantabrico, maintaining long-term Issuer Default Ratings and senior unsecured ratings at “BBB+”. 

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