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home / news releases / edp s droughts cause a bad short on electricity pric

ELCPF - EDP's Droughts Cause A Bad Short On Electricity Prices

EDP Energias de Portugal S.A.
  • The major droughts in Iberia cause a short position on energy prices which have rocketed due to needing to meet PPAs.
  • Networks show strength of regulated utilities businesses in the face of interest rates and inflation.
  • Overall decent performance considering hydrology issues, but EDP still hovering at same levels indicates market discount not priced in yet.

For further details see:

EDP's Droughts Cause A Bad Short On Electricity Prices
Stock Information
Company Name: EDP Energias de Portugal S.A.
Stock Symbol: ELCPF
Market: OTC
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