Reinforcement of 4,9 Millions of euros was communicated this Friday on the CMVM page.
A EDIA, public company that manages the development of Alqueva, received a new state capital injection, no value 4,9 million.
A Communication published this Friday on the page on the Securities Market Commission, Alqueva's development and infrastructure company reports that a capital increase has been approved “amounting to 4.931.280,00 euros, through the issuance of 986.256 of registered shares, No value of five euros each, to be subscribed and carried out by the State, in cash”.
The new injection of the state in the capital of the company that is headquartered in Beja and generates the Alentejo iroder perimeter succeeds several other capital increases held last year to meet the debt service and investments of the National Regadi Program.
In 2023, EDIA requested four capital increases, in a global value around 64 million, According to the company's report and accounts related to the first half of the year last year, The last available. Already in 2024 New reinforcements were requested from the state, in February and August, around 10,4 million, according to the same report, There was still a new increase communication near the end of the year, in December, of 3,5 million.
Source: Business Journal