EDP Renováveis informs about the conclusion of a sale agreement in Spain

EDP Renováveis informs about the conclusion of a sale agreement in Spain | EDP Renováveis

edp announcement

EDP Renováveis informs about the conclusion of a sale agreement in Spain

Tuesday, 15 December 2020

Madrid, December 15^th, 2020: Following the information released to the market on August 10^th 2020, EDP Renováveis, S.A. (“EDPR”) announces the completion of the sale of its full equity shareholding in an operating onshore wind portfolio with 242 MW of installed capacity in Spain, to the Finerge Group, for a total consideration of approximately €450 million (equity value).

The deal concluded today is part of the asset rotation program for 2019-22 period contemplated in the Strategic update announced in March 12^th 2019.

EDP Renováveis, S.A.