Brief: EDPR Closes Asset Rotation Deal For Solar And Storage Portfolio In US

Edp Renewables SA

09/09/2025 17:53

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

Source text: https://tinyurl.com/2m4s372s nFWN3NW09K

Further company coverage: EDPR.LS

 (Gdansk Newsroom)

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