Edition:
United Kingdom

EDPR Sells 80 Pct Stake Of Wind Onshore Asset Portfolio In North America


Monday, 31 Dec 2018 

Dec 31 (Reuters) - EDP Renovaveis SA ::ANNOUNCES FIRST SELL DOWN TRANSACTION IN NORTH AMERICA OF A 499 MW PORTFOLIO OF ONSHORE WIND ASSETS.TOTAL IMPLIED ENTERPRISE VALUE FOR 100 PERCENT OF ASSETS AMOUNTS TO 860 MILLION DOLLARS.SAYS SELLS 80 PERCENT OF STAKE IN PORTFOLIO OF FULLY-OWNED WIND ONSHORE ASSETS TO AXIUM INFRASTRUCTURE.