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EDP-Energias — M&A Activity 2020
Dec 15, 2020
1909_iss_2020-12-15_5be171d5-ad55-4960-9f78-c4d95a599ddb.pdf
M&A Activity
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Investors & Analysts' Briefing
Reuters: EDPR.LS Bloomberg: EDPR PL
EDPR concludes an asset rotation deal for wind farms in Spain
Madrid, December 15th, 2020: Following the information released to the market on August 10th 2020, EDP Renováveis, S.A. ("EDPR") announces the completion of the sale of its full equity shareholding in an operating onshore wind portfolio with 242 MW of installed capacity in Spain, to the Finerge Group, for a total consideration of approximately €450 million (equity value).
The deal concluded today is part of the asset rotation program for 2019-22 period contemplated in the Strategic update announced in March 12th 2019.
EDP Renováveis, S.A.
Investor Relations Department Rui Antunes, Head of IR Pia Domecq Duarte Andrada
Phone +34 902 830 700 Fax +34 914 238 429 [email protected] www.edpr.com