Company in Hong Kong
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Portuguese group EDP sells 50 pct of EDP Asia to ACE Asia
HONG KONG, 2015/01/01 Energias de Portugal has sold 50 % of its stake in EDP Asia – Investimento e Consultoria, Ltda. to ACE Asia, a subsidiary of CWEI Hong Kong Company Limited, a 100 %-owned subsidiary of China Three Gorges, the group said. In a statement filed with the Portuguese Securities Market Commission (CMVM), the group as well said that the parties valued the 50 % stake in EDP Asia at 94 million euros.
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