REN Redes Energeticas Nacionais : ERSE’s decision for tariffs and prices for electricity for 2018 and parameters for the 2018-2020 regulatory period
December 15, 2017 at 04:55 pm EST
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Unofficial Translation
This is an unofficial translation of the proposal indicated below and it has been prepared for information purposes only. In the event of any discrepancy between this translation and the Portuguese version, the
Portuguese version will prevail.
ANNOUNCEMENT
For the purpose of article 248-A of the Portuguese Securities Code, REN - Redes Energéticas Nacionais, SGPS, S.A. ("REN" or the "Company") makes the following statement:
Today, the Portuguese Energy Services Regulatory Authority ("ERSE") made public the final documents regarding the "Tariffs and prices for electricity for 2018 and parameters for the 2018-2020 regulatory period".
The referred documents did not introduce any material changes when compared with the draft proposal presented by ERSE on the past 13th of October and that was subject to a press release made by REN at the time.
Lisbon, December 15th 2017
REN - Redes Energéticas Nacionais, SGPS, S.A.
REN - REDES ENERGÉTICAS NACIONAIS, S.G.P.S., S.A.
Listed Company (Sociedade Aberta)
Share Capital: € 534,000,000
Commercial Registry Office of Lisbon: registry and tax sole number: 503 264 032
Head Office: Avenida Estados Unidos da América, no. 55
1749-061 Lisbon
REN - Redes Energéticas Nacionais SGPS SA published this content on 15 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 December 2017 21:54:05 UTC.
Original documenthttp://www.ren.pt/en-GB/investidores/comunicados_a_cmvm/ficheiros_en/erses_decision_for_tariffs_and_prices_for_electricity_for_2018_and_parameters_for_the_2018_2020_regulatory_period
Public permalinkhttp://www.publicnow.com/view/19EC8D75737B967F5A94809943306A307150E657
REN - Redes Energéticas Nacionais, SGPS, S.A. specializes in the operation and concession management of the Portuguese electricity transportation network. Net sales break down by activity sector as follows:
- electricity (63.7%): transportation of electricity from producers to end distributors and consumers, management of the electricity transportation network (connecting user installations to the network, maintenance of the network, etc.). At the end of 2022, the network has a total of 9,424 Km;
- gas (34.8%): transportation of natural gas from producers to end distributors and industrial consumers, underground storage of natural gas, receiving, storage, and regasification of liquid natural gas (LNG), infrastructure construction and maintenance services, etc.;
- telecommunications (1.3%);
- other (0.2%).
REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A. 
