EDP completes sale of 80% stakes in 563 MW US renewables portfolio

EDP Renovaveis SA has completed the sale of its 80% stake in the 563 MW wind and solar portfolios to Connor, Clark & Lunn Infrastructure (CC&L Infrastructure), a Canadian investment firm. 

The total deal is valued at about US$684 million. 

The portfolio consists of:

• 220 MW Riverstart Solar project in Indiana
• 100 MW Meadow Lake V wind project in Indiana
• 98 MW Quilt Block wind project in Wisconsin
• 99 MW Redbed Plains wind project in Oklahoma
• 66 MW Hog Creek wind project in Ohio

All of the projects are slated for commercial operation this 2021.