Rhein on Energy and Climate

Archives for Portugal

EdP, the Portuguese power utility, has sold a 25 percent stake of its renewable energy unit, EdP Renewables, for € 1.5 billion. Demand for shares exceeded five times the offer. EdP is following the example of other European utilities, in particular EDF and RWE. It is, however, more ambitious in its effort to go renewable:… » read more

Posted by Eberhard Rhein