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EDP-Energias — M&A Activity 2020
Dec 14, 2020
1909_iss_2020-12-14_71cd186d-c883-4fa4-9acf-30e54e3ed7cb.pdf
M&A Activity
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Investors & Analysts' Briefing
Reuters: EDPR.LS Bloomberg: EDPR PL
EDPR is awarded with long-term CfD for 220 MW at auction in Poland
Madrid, December 14th, 2020: EDP Renováveis, S.A. ("EDPR") was awarded a 15 year Contract-for-Difference ("CfD") at the Polish renewable energy auction to sell electricity to be produced by a portfolio of 5 projects of wind and solar with a total capacity of 220 MW. The projects are expected to become operational in 2022 and 2023.
This new long-term contract reinforces EDPR's footprint in Poland with 476 MW in operation and 558 MW already secured in the country for the following years.
As of today, EDPR has secured 87% of the ~7.0 GW targeted wind and solar global capacity build-out for the 2019-2022 period, as communicated in the Strategic Update on March 2019, and will continue to develop worldwide profitable projects.
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