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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% | 21.00 | 19.11 | 23.63 | 0.00 | 15:59:36 |
From Dec 2019 to Dec 2024
By Giulia Petroni
EDP Renovaveis SA said Thursday that it has completed the sale of a 68% stake in a wind-farm portfolio in the U.S. to funds managed by Greencoat Capital LLP.
The Portuguese renewable-energy company said the stake includes two operating farms totaling 405 megawatts in the state of Illinois.
The transaction is based on an enterprise value of $720 million for 100% of the assets, according to EDPR.
The sale will contribute around 500 million euros ($593.9 million) of asset rotation proceeds and is part of the EUR8 billion asset-rotation program for the 2021-25 period, the company said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 01, 2021 05:42 ET (09:42 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year EDP Renovaveis (PK) Chart |
1 Month EDP Renovaveis (PK) Chart |
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