ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

EDRVY EDP Renovaveis SA (PK)

30.48
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
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% 30.48 25.00 32.15 0.00 21:22:28

EDP-Energias De Portugal to Sell EDP Renovaveis Wind Portfolio in Spain as Part of Asset Rotation Program

10/08/2020 6:29pm

Dow Jones News


EDP Renovaveis (PK) (USOTC:EDRVY)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more EDP Renovaveis (PK) Charts.

By Giulia Petroni

 

EDP-Energias de Portugal SA said Monday that it would sell the full equity shareholding and outstanding shareholder loans of its subsidiary EDP Renovaveis S/A in a wind portfolio to the Finerge Group for a consideration of about 426 million euros ($502 million).

The Portuguese energy company said the 242-megawatt onshore portfolio includes seven wind farms in Avila and Catalonia, Spain, and has been in operation for nine years on average.

The transaction, whose total enterprise value amounts to EUR507 million, is expected to be completed in the fourth quarter, according to EDP, and is subject to conditions.

The company said the deal is part of an asset rotation program for the 2019-2022 period.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

August 10, 2020 13:14 ET (17:14 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year EDP Renovaveis (PK) Chart

1 Year EDP Renovaveis (PK) Chart

1 Month EDP Renovaveis (PK) Chart

1 Month EDP Renovaveis (PK) Chart

Your Recent History

Delayed Upgrade Clock