Announced
Financials
Tags
Conventional Electricity
Single Bidder
Friendly
Spain
thermal power plant
Acquisition
Majority
Private
Electric utility
Pending
Cross Border
Synopsis
Total, a French multinational integrated oil and gas company, to acquire thermal power plant and a 50% stake in CHC Energia, an electric utility company, from Energias de Portugal, a Portuguese electric utility company, for $515m. "This transaction is fully aligned with our commitment to lead the energy transition, providing EDP with additional flexibility as we build a more sustainable future - a future that will be electric," António Mexia EDP CEO.
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