edp announcement
EDP Renováveis informs about the conclusion of a sale agreement in North America
Lunes,
28
Diciembre
2020
Madrid, December 28th 2020: Following the information released to the market on September 2nd 2020, EDP Renováveis, S.A. (“EDPR”) announces the completion of the sale of an 80% equity shareholding position, in a wind and solar portfolio with 563 MW (450 MW net) of installed capacity located in the United States, to Connor, Clark & Lunn Infrastructure, for a total consideration corresponding to an enterprise value of $684 million.
The deal concluded today is part of the asset rotation program for 2019-22 period contemplated in the Strategic update announced in March 12th 2019.
EDP Renováveis, S.A.