Brussels, 18/09/2013 (Agence Europe) - On Wednesday 18 September, the European Commission opened an in-depth investigation to see whether the price paid by Portugal's electricity company, EDP, in 2007 to extend its right to use public water resources to generate electricity amounts to state aid under EU state aid rules.
In 2007, Portugal extended concessions granted to EDP for using public water resources for the generation of electricity against the payment of €759 million (of which...