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May 23, 2015 11:58 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Empresa Geral do Fomento SA

Company Overview

Empresa Geral do Fomento SA produces biogas from waste pits to be used in electricity production. The company is based in Lisbon, Portugal. As of November 5, 2014, Empresa Geral do Fomento SA operates as a subsidiary of Serviços Urbanos e Meio Ambiente, S.A.

Av. da Liberdade, 110 – 5º

Lisbon,  1269-042

Portugal

Founded in 1948

Phone:

351 21 323 0700

Fax:

351 21 347 2642

Key Executives for Empresa Geral do Fomento SA

Empresa Geral do Fomento SA does not have any Key Executives recorded.

Empresa Geral do Fomento SA Key Developments

Portugal Govt Approves Start Of EGF Privatization

The Portuguese government approved the start of the privatisation of Empresa Geral do Fomento SA (EGF). The council of ministers intends to sell 100% of the company's capital through a public tender

Empresa Geral's Privatization Reportedly Delayed

Empresa Geral do Fomento SA's privatization has been delayed due to legal and regulatory adjustments, Diario Economico reported. The initial plans included choosing a buyer in the first quarter of 2014 and the process would have started between end-November and early December 2013, according to a deadline released by Environmental Minister, Jorge Moreira da Silva.

Portugal's State Reportedly To Sell EGF Via Public Tender

The Portuguese government will privatize entirely through a public tender Empresa Geral do Fomento SA (EGF), according to a report of economic daily Diario Economico from December 19, 2013. The tender will be opened to all interested investors. The council of ministers will take a definitive decision on the model to privatize EGF probably by the end of 2013, the edition forecast. The state intends to complete the sale of EGF in the first quarter of 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 18, 2014
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