Bank of America closes deal with EDP for 405 MW wind portfolio

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

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).

List of the country updates

Country updates

  • September 12, 2019

    EDPR wins 142 MW Ribatejo solar project in Portugal

    EDP Renováveis, S.A. (EDPR) has secured 15-year long term contract at the Portuguese solar auction to sell electricity to be produced by the Ribatejo solar project with total capacity of 142 MW...

    Read more
  • August 27, 2019

    Solaria awarded 49 MW solar project in Portugal

    Solaria, through its subsidiary, Prodigy Orbyt LDA, has been awarded a nominal power of 49 MW of photovoltaic power in the 1.4GW auction promoted by the Portuguese State, held by OMIP, which...

    Read more
  • August 23, 2019

    Efacec awarded EPC and O&M contract for BlackRock and Exus Management Partners 24 MW solar project in Portugal

    Exus Management Partners and BlackRock Real Assets have awarded the engineering, procurement, and construction (EPC) and operation and maintenance (O&M) contracts to Efacec for the devel...

    Read more
  • August 14, 2019

    Neoen wins 50 MW solar project in Portugal

    Neoen has announced that it has been awarded a solar project with a total capacity of 50 MVA (around 65 MWp) in the recent tender held by the Portuguese government. This photovoltaic power plant, alre...

    Read more
  • August 07, 2019

    EDPR completes sale of 997 MW European wind portfolio

    EDP Renewables (EDPR), part of Energias de Portugal SA, has completed the sale of its interest in an operating 997 MW European onshore wind portfolio to institutional investors advised by JP Morgan As...

    Read more

Share this update