EDPR Closes Asset Rotation Deal For Solar And Storage Portfolio In US
ReutersSep 9, 2025 4:53 PM
Sept 9 (Reuters) - EDP Renovaveis SA EDPR.LS:
CLOSES ASSET ROTATION DEAL FOR 300 MWAC SOLAR AND 92 MW STORAGE PORTFOLIO IN UNITED STATES
TOTAL ENTERPRISE VALUE FOR 100% OF PORTFOLIO AMOUNTS TO $0.6 BILLION
COMPLETES SALE OF 49% STAKE OF CLASS B SHARES IN PORTFOLIO OF 300 MWAC OF 2 OPERATING SOLAR PROJECTS AND 92 MW OF BATTERY ENERGY STORAGE FACILITY
TWO SOLAR PROJECTS WERE COMMISSIONED IN 4Q24 WHILE STORAGE FACILITY IS UNDER CONSTRUCTION AND EXPECTED TO BE COMMISSIONED IN 4Q25
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