China Three Gorges has launched a €9bn offer to take full control of EDP, the Portuguese utility, in what would be one of the biggest Chinese takeovers of a European company. It is sure to attract political scrutiny not only in Portugal, where EDP is the country’s dominant generator and distributor of electricity, but also in the US, where it has a growing portfolio of wind and solar assets.
FT 11th May 2018 read more »