BRIEF-EDPR Signs Asset Rotation Deal In US

Jan 2 (Reuters) - EDP Renovaveis SA EDPR.LS:

• SIGNS ASSET ROTATION DEAL FOR 300 MWAC SOLAR AND 92 MW STORAGE PORTFOLIO IN THE US

• SALE OF 49% EQUITY STAKE IN PORTFOLIO TO MAJOR ENERGY GLOBAL PLAYER

• TWO SOLAR PROJECTS WERE COMMISSIONED IN 4Q24, STORAGE FACILITY IS UNDER CONSTRUCTION AND EXPECTED TO BE COMMISSIONED IN 4Q25

• TOTAL ENTERPRISE VALUE FOR 100% OF PORTFOLIO OF $0.6 BILLION

Source text: https://tinyurl.com/pf5uvnut

Further company coverage: EDPR.LS

(Gdansk Newsroom)

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