Dec 10 (Reuters) - EDP Renovaveis SA EDPR.LS:
COMPLETES ASSET ROTATION DEAL FOR A 207 MWAC SOLAR PORTFOLIO IN ITALY
COMPLETION OF SALE AND PURCHASE AGREEMENT WITH ENCAVIS TO SELL 100% EQUITY STAKE WITH POTENTIAL EXTENSION OF 17 MWDC SOLAR PORTFOLIO IN ITALY
SELL FOR ENTERPRISE VALUE OF 0.3 BILLION EUROS WHICH ALSO CONSIDERS POTENTIAL SYNERGIES FROM HYBRIDISATION
TRANSACTION COMPRISES 4 LONG-TERM PPA AND ONE 20-YEAR CONTRACT FOR DIFFERENCE
TRANSACTION SCOPE COMPRISES FIVE OPERATING SOLAR PLANTS AND RESPECTIVE LAND
Source text nFWN3U51TT
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