We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| 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 | 26.31 | 42.81 | 0.00 | 21:15:39 |
From Apr 2019 to Apr 2024
By Nathan Allen
EDP-Energias de Portugal SA (EDP.LB) has agreed to sell its stake in a portfolio of European wind farms for around 800 million euros ($898.7 million) to a consortium of institutional investors.
The portfolio includes assets in France, Spain, Portugal and Belgium with a combined installed capacity of 997 megawatts.
EDP holds around 51% in most of the assets via its renewable-energy subsidiary EDP Renovaveis SA (EDPR.LB), giving the portfolio an implied enterprise value of EUR1.6 billion, the company said Tuesday.
The Portuguese company has been selling off stakes in renewables projects recently, while continuing to provide operation and maintenance services as a means of recycling capital and bolstering its balance sheet.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 24, 2019 03:14 ET (07:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year EDP Renovaveis (PK) Chart |
1 Month EDP Renovaveis (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
