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Brief: EDPR Sells Operations In Brazil To Parent EDP For 0.7 Bln Euros

May 19 (Reuters) - EDP Renovaveis SA EDP.LS:

SALE OF OPERATIONS IN BRAZIL TO EDP, REINFORCING FOCUS ON A-RATED GROWTH MARKETS

ENTERPRISE VALUE OF C.€1.5 BILLION

CLOSING OF TRANSACTION EXPECTED BY YEAR‑END 2026

TOTAL CONSIDERATION OF AROUND R$4.1 BILLION (AROUND €0.7 BILLION, CONSIDERING 6.0 EUR/BRL EXCHANGE RATE)

TRANSACTION ENABLES EDPR TO REINFORCE ITS FOCUS ON A-RATED GROWTH MARKETS FOR WIND, SOLAR AND BESS

Source text

Further company coverage: EDPR.LS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))

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