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EDP Renovaveis SA (EDPR.LS)

EDPR.LS on Lisbon Stock Exchange

9.62EUR
22 Aug 2019
Change (% chg)

€0.04 (+0.42%)
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Tue, May 21 2019

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French Engie, Portugal's EDP aim be second-biggest offshore wind developer with JV

LONDON/PARIS French utility Engie and Portugal's EDP said on Tuesday they will invest 15 billion euros ($16.7 billion) with the aim of becoming the world's number two offshore wind developer after Denmark's Orsted.

French Engie, Portugal's EDP aim be second-biggest offshore wind developer with joint venture

LONDON/PARIS French utility Engie and Portugal's EDP said on Tuesday they will invest 15 billion euros ($16.7 billion) with the aim of becoming the world's number two offshore wind developer after Denmark's Orsted.

UPDATE 2-French Engie, Portugal's EDP aim be second-biggest offshore wind developer with JV

* Economies of scale essential in capital-heavy sector (Adds detail, quotes)

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