EDP CEO Mexia on Company Guidance, ECB Intervention

The transcript covers economic forecasts in light of ECB actions and Brexit, with a focus on revising earnings forecasts. It discusses capital market strategies, including bond issuance for longer maturities and financing ventures in the US. The partnership with Three Gorges is highlighted, emphasizing joint projects in clean energy. The transcript concludes with insights into the Brazilian energy market, noting successful rights issues and the impact of political changes.

What was the company's stance on the need for more intervention in Europe?

• They are against any form of intervention.

• They think more intervention is needed, especially in budget policy.

• They are undecided about the need for more intervention.

• They believe current interventions are sufficient.

Why is the company issuing bonds, according to the transcript?

• To raise immediate cash for operations.

• To extend maturities and finance US ventures.

• To pay off existing debts.

• To invest in European markets.

What is the nature of the company's partnership with Three Gorges?

• They are planning to dissolve the partnership soon.

• They are competitors in the energy market.

• They have a minor collaboration in Europe.

• They share assets and have a significant partnership in clean energy.

How has the political situation in Brazil affected the company's business?

• It has had a negative impact on their energy market operations.

• It has caused a temporary halt in their projects.

• It has not negatively impacted their energy market operations.

• It has led to a complete withdrawal from the Brazilian market.

What was the outcome of the company's rights issue in Brazil?

• It was canceled due to market conditions.

• It was partially successful with limited coverage.

• It was successful and fully covered by the market.

• It was unsuccessful and not fully covered.