Bank of America closes deal with EDP for 405 MW wind portfolio
Date
October 01, 2019
Type
M&A Transactions
Subtype
Transaction launched
Countries
Portugal
Subsectors
Onshore Wind
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Energias de Portugal SA has closed the US$421 million tax equity from Bank of America Corp for the sale of stakes in a 405 MW onshore wind project portfolio.
The wind portfolio is located in the State of Illinois and will be commissioned by the first quarter of 2020.
The deal has been approved by EDP's renewable energy arm EDP Renovaveis SA (EDPR).
