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EDP

 
Hoover's Profile: EDP - Energias de Portugal, S.A.
(Pink Sheets:EDPFY) (Euronext Lisbon:EDP)
Contact Information
EDP - Energias de Portugal, S.A.
Praça Marquês de Pombal, 12
1250-162 Lisbon, Portugal
Tel. +351-21-001-2500
Fax +351-21-002-1403

Type: Public
On the web: http://www.edp.pt
Employees: 13,097
Employee growth: (3.5%)

If you're from Portugal, you plug into EDP - Energias de Portugal, the state-controlled holding company for utilities that generate, transmit, and distribute electricity. EDP's distribution unit serves customers across Portugal and has stakes in Brazilian power distributors. In total, EDP serves 9.9 million electric customers. Other operations include a majority stake in Spanish utility HC Energía, gas distribution (790,000 customers), utility metering and billing, engineering, and water and wastewater projects. EDP's combined generating capacity of more than 15,600 MW from its domestic hydroelectric, fossil-fueled, and wind-driven plants. The Portuguese government controls about 20% of EDP.

Key numbers for fiscal year ending December, 2008:
Sales: $12.8M
One year growth: (99.8%)
Net income: $8.8M
Income growth: (99.4%)

Officers:
Chairman, Supervisory Board: António de Almeida
CEO: António L. G. N. Mexia
Executive Director and CFO: Nuno Alves

Competitors:
Electrabel
Endesa S.A.
IBERDROLA

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Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "EDP" Read more