“Following the previous statement issued on November 10, 2025, EDP was today notified of the information relating to the Canada Pension Plan Investment Board, contained in the annex to this document,” the company says.

In the aforementioned communication, the Canada Pension Plan Investment Board informs that it “successfully completed the sale, through a private placement via an accelerated bookbuild directed exclusively to qualified institutional investors, of 218,488,895 shares representing approximately 5.2% of EDP's share capital”.

“The total gross proceeds from the placement reached approximately €814,745,089, corresponding to a price of €3.729 per share,” it specifies.

The settlement of the placement will take place on Thursday.

On Monday, EDP announced that it had been informed by the Canada Pension Plan, one of the world's largest pension funds, of its intention to sell its 5.4% stake in the company.

In the note then sent to the CMVM (Portuguese Securities Market Commission), EDP detailed that the fund communicated "its intention to sell up to 224,476,093 shares representing up to 5.4% of the share capital of EDP, S.A."

The news had already been reported by Bloomberg, which estimated that the deal could generate revenue of approximately €893 million ($1.03 billion) based on Monday's closing share price.

In a statement released on Monday, the pension fund clarified that it was "launching a private placement of shares" directed "exclusively to qualified institutional investors," emphasizing that EDP "will not receive any proceeds from the transaction."

China Three Gorges is EDP's main shareholder, with 21.4% of the capital, followed by Oppidum Capital S.L., with 6.82%, and Blackrock Inc., with 6.08%, according to the company's website.