EDP Renewables (EDPR), through its subsidiary EDP Renováveis Brasil (EDPR Brasil), secured a 15-year Power Purchase Agreement (PPA) to sell the clean energy produced by the 209 MWac Monte Verde solar power plant located in the State of Rio Grande do Norte, Brazil.
EDPR will co-invest 50%/50% alongside EDP Energias do Brasil (EDP Brasil) in the Monte Verde solar power plant. The project is expected to enter operation in 2024.