According to EDP Chief Executive Antonio Mexia ; "The global energy market is changing and renewables are an unstoppable tendency,"
Compared to the 34 percent that wind and hydro represent of the earnings today (EBITDA) , it is planned that by 2010 these should add up to 45 percent. The following banks have been appointed to carry out the IPO; Morgan Stanley, UBS, Citigroup and Portuguese banks BES Investimento, Caixa BI.
For additional information:
http://www.edp.pt/EDPI/Internet/EN/Group/AboutEDP/default.htm
