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EDP

EDP

EDP Refuses to Pay €335 Million in IRC and Imposto do Selo on the 2020 Douro Dam Sale to Engie — AT Closes Its Inspection Report 30 April, Helena Borges Holds a June Liquidation Target, Public Prosecutor Already Archived the Criminal File

EDP will not pay the €335 million the Autoridade Tributária has lined up over the 2020 sale of six Douro-basin dams to Engie. The IRC and Imposto do Selo bill follows a tax-inspection report closed on 30 April; EDP says it will fight the assessment in court.

EDP

EDP Renews Its São Paulo Distribution Concession for 30 Years and Books a 5-Billion-Real Investment Plan Through 2030 — Brasília Signing With Lula and Alexandre Silveira Locks Guarulhos, Alto Tietê, Vale do Paraíba and Litoral Norte Through 2058

EDP signed a 30-year renewal of its EDP São Paulo distribution concession on 8 May 2026 with a 5-billion-real (€866M) plan through 2030. Contract covers 28 municipalities and 2.2M clients across Guarulhos, Alto Tietê, Vale do Paraíba and Litoral Norte through 2058 — 30% more than 2019-2024.

Business

EDP's Q1 2026 Net Profit Falls 12% to €378 Million on a Lower Iberian Wholesale Tape — But Stilwell Lifts Full-Year Guidance 5% to €5.2 Billion EBITDA and €1.3 Billion Profit, and Closes the Door on Miranda Sarmento's Windfall Tax

EDP Q1 2026 net profit fell 12% to €378M on lower Iberian wholesale prices; recurring profit rose 9% to €399M. Stilwell raised 2026 EBITDA guidance 5% to €5.2 billion and net-profit guidance to €1.3 billion. Management closed the door on Miranda Sarmento's windfall tax.