Edition:
United Kingdom

EDP Renovaveis Signs 0.8 Bln Euro Asset Rotation Deal For Wind Farms In Europe


Tuesday, 23 Apr 2019 

April 23 (Reuters) - EDP Renovaveis SA ::SAYS ANNOUNCES 0.8 BILLION EURO ASSET ROTATION DEAL FOR WIND FARMS IN EUROPE.SAYS SIGNED DEAL TO SELL FULL EQUITY SHAREHOLDING IN AN OPERATING ONSHORE WIND PORTFOLIO WITH 997 MW OF INSTALLED CAPACITY.TRANSACTION SCOPE COVERS 388 MW IN OPERATION IN FRANCE, 348 MW IN SPAIN, 191 MW IN PORTUGAL AND 71 MW IN OPERATION IN BELGIUM.DEAL IS PART OF ASSET ROTATION PROGRAM FOR 2019‐22 CONTEMPLATED IN STRATEGIC UPDATE ANNOUNCED IN MARCH.