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Home > Company Index > Utilities > Electric Utilities > EDP - Electricidade de Portugal, S.A.

EDP - Electricidade de Portugal, S.A.
NYSE: EDP
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 PROFILE
If you're from Portugal, you plug into EDP -- Electricidade de Portugal, the state-controlled holding company for utilities that generate, transmit, and distribute electricity in Portugal. EDP generates about 85% of Portugal's electricity (capacity totals more than 7,500 MW) and distributes 99%. It serves about 5 million customers in Portugal and another 6 million in Brazil through stakes in Brazilian power distributors. Active in telecommunications, EDP holds 95% of fixed-line carrier Onitelecom and has agreed to share a fiber-optic network with Spain's Iberdrola. Other operations include water and wastewater projects. The Portuguese government controls just over 50% of EDP; it plans to float 20% more of its stake.

 COMPETITION
The AES Corporation (AES)
Endesa S.A. (ELE)
Portugal Telecom, SGPS, S.A. (PT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,617.00
1-Yr. Sales Growth: 22.4%
Employees: 13,714
Revenue per employee: $263,745.08

 KEY PEOPLE
• Mário Cristina de Sousa
    CEO
• Rui M. Horta e Costa
    CFO

 CONTACT INFO
Avenida José Malhoa, Lote A/13
1070-157 Lisbon, Portugal
Phone: 351-21-726-3013
Fax: 351-21-726-5029
Online: Web Site

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