French energy giant Engie has rejected reports that it is mulling a takeover of EDPR, the Madrid-based renewables unit of Portuguese utility Energias do Portugal (EDP), but left the back door open for an eventual deal.
Engie “has not taken any decision in relation to EDPR and currently is not preparing the launch of any takeover bid over shares issued by EDP Renováveis,” the French company says in a response to the Portuguese stock market regulator CMVM.
