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EDP (LTS:0OF7) Allowance For Loans And Lease Losses


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What is EDP Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


EDP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EDP SA (LTS:0OF7) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
Avendia 24 de Julho, No. 12, 4th Floor, Lisboa, PRT, 1249-300
EDP is a vertically integrated utility company and is the largest generator, supplier, and distributor of electricity in Portugal. In addition to Portugal, EDP has sizable operations in Spain, Brazil, and the US EDP owns 71% of EDP Renovaveis, the fourth-largest wind power owner/operator in the world. EDP also owns 54% of Energias do Brasil, which it aims to delist by end-2023.