“EDP - Energias de Portugal, SA has agreed to sell a portfolio of six hydroelectric plants in Portugal to the investor consortium formed by Engie (40 percent stake), Crédit Agricole Assurances (35 percent) and Mirova - Natixis Group (25 percent), in a transaction of 2.2 billion Euros,” reads the statement sent to the Securities Market Commission (CMVM).
EDP sells six dams in Portugal to a consortium
in News · 19 Dec 2019, 15:10 · 2 Comments
In many countries, selling basic resources or infrastructure vital to the country's survival, its sovereignty or the sustainability of its population is a no, no! Not so in Portugal, where the current government is selling everything worth a penny! EDP, the major "Portuguese" utility company already largely controlled by Chinese capital, is an example! In Portugal, a country with one of the largest public debts in the world, nothing is a surprise! The domesticated Portuguese tolerate everything, including the sale of their major resources/infrastructures and, eventually, the loss of the country!
By Tony Fernandes from Other on 21 Dec 2019, 01:31
In many countries, selling basic resources or infrastructure vital to the country's survival, its sovereignty or the sustainability of its population is a no, no! Not so in Portugal, where the current government is selling everything worth a penny! EDP, the major "Portuguese" utility company already largely controlled by Chinese capital, is an example! In Portugal, a country with one of the largest public debts in the world, nothing is a surprise! The domesticated Portuguese tolerate everything, including the sale of their major resources/infrastructures and, eventually, the loss of the country!
By Tony Fernandes from Other on 21 Dec 2019, 01:33