London, 13 November 2013 -- Moody's Investors Service has today affirmed the Ba1 issuer rating of Energias de Portugal, S.A. ("EDP") and its Spanish subsidiary, Hidroelectrica del Cantabrico, S.A. ("HC Energia"). Concurrently the Ba1/(P)Ba1 senior unsecured and non prime short-term ratings of EDP, its finance subsidiary EDP Finance B.V. ("EDP Finance") and HC Energia have also been affirmed. The outlook on all ratings is negative.

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