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| Name | Symbol | Market | Type |
|---|---|---|---|
| EDP Renovaveis SA (PK) | USOTC:EDRVY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 31.24 | 0.01 | 889.61 | 0.00 | 21:13:57 |
From Jun 2021 to Jun 2024
By Giulia Petroni
EDP-Energias de Portugal SA on Thursday said that it has completed the acquisition of a 91% stake in Singapore-based solar player Sunseap Group Pte. Ltd. through its renewable subsidiary EDP Renovaveis SA.
The Portuguese energy company said the total consideration for the majority stake is 600 million euros ($679.5 million), while the enterprise value of the transaction is EUR900 million as of December.
"This acquisition allows EDP to establish a portfolio for the Asia-Pacific region of close to 10 gigawatts of solar projects, of which 563 megawatts operating and under construction," EDP said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
February 24, 2022 01:39 ET (06:39 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year EDP Renovaveis (PK) Chart |
1 Month EDP Renovaveis (PK) Chart |
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