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Portugal · Economy & Business · Normal
EDP (Energias de Portugal) is Portugal's largest utility company but was privatised and sold primarily to investors from which country?
Answer: China (China Three Gorges) — China Three Gorges Corporation acquired a 21.35% stake in EDP in 2011, becoming its largest shareholder as part of Portugal's privatisation programme during the bailout period.
- A France
- B China (China Three Gorges) ✓
- C Spain
- D Brazil
China Three Gorges Corporation acquired a 21.35% stake in EDP in 2011, becoming its largest shareholder as part of Portugal's privatisation programme during the bailout period.