edp announcement

EDP Brasil launches bid for up to 33.6% of CELESC

Martes, 27 Marzo 2018

EDP Brasil launches bid for up to 33.6% of CELESC

Pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-A of the Portuguese Securities code, EDP - Energias de Portugal, S.A. (“EDP”) is providing the following information to the market:




EDP – Energias do Brasil, S.A. (“EDPB”), 51% held by EDP, announced today that, following the market notifications of December 19th, 2017, and March 21st, 2018, has published the announcement for the voluntary public tender offer, with the terms and conditions to acquire up to 32% of the preferred shares of Centrais Elétricas de Santa Catarina S.A. – CELESC (“CELESC”), for a price of R$27 per share, corresponding the offer to a potential total amount of R$199 million for 19.1% of the total shares of CELESC. 




Should the take-over bid reach its total potential, EDPB will own 33.6% of CELESC, thus reinforcing its focus on regulated networks, not only in the distribution segment, but also in the transmission segment, in which it is currently developing several lines, one of which in partnership with CELESC.



EDP – Energias de Portugal, S.A.