Uría Menéndez advised on the 1b capital increase of Energias de Portugal

Uría Menéndez has advised BNP PARIBAS, Citigroup Global Markets Europe AG and Morgan Stanley Europe SE on the capital increase of EDP – Energias de Portugal through an issue of 218,340,612 new shares, with the exclusion of shareholders’ preemption rights, at an issue price of EUR 4.58 per share and admitted to trading on the Euronext Lisbon, the Portuguese regulated market managed by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados.

The value of the deal is 1 billion (equity value) and the Uría team is formed by Alfonso Ventoso del Rincón (partner, capital markets, Madrid); Beatriz Camilleri Lacambra (senior associate, capital markets, Madrid); Javier Redonet (partner, capital markets, Madrid); , Lucia Berricano (trainee lawyer, Capital Markets, Madrid) and Diego Andradas Dago (associate, Tax, Madrid)

From the Lisbon Uría team: António Castro Caldas (partner, Tax, Lisbon),Miguel Stokes (partner, capital markets, Lisbon); Bruno Silva Palhao (associate, capital markets, Lisbon).

Julia Gil