EDPR signs deal to sell 100% stakes of 181 MW wind portfolio in Spain
EDP Renováveis, S.A. (EDPR) has signed a Sale and Purchase Agreement with China Three Gorges (CTG) to sell a 100% equity stake in a 181 MW operating wind portfolio located in Spain.
The transaction has an estimated Enterprise Value of EUR307 million (US$348.94 million). Its scope comprises twelve wind farms which are under the Spanish 20-year regulated remuneration scheme. The average age of the portfolio is 12 years.
The transaction is subject to regulatory and other customary precedent conditions.
Country updates
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November 15, 2021
Aquila Capital inaugurates 50 MW La Cabrita solar PV project in Almeria
Aquila Capital has commissioned its 50 MW La Cabrita photovoltaic plant in southern Spain. Located in Almeria province, La Cabrita includes 121,000 solar modules. It is expected to generate 87 GWh of...
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October 27, 2021
Asterion secures EUR1.5 bn investment for Asterion Industrial Infra Fund II
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October 26, 2021
Audax obtains permit to operate 20 MWp La Zarzuela solar farm in Toledo
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October 25, 2021
Falck SpA divests majority stake to IIF
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October 20, 2021
Everwood Capital commissions 50 MW Cartuja solar PV project in Cadiz
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