Wednesday 1st March 2017
EDPR to sell €242m Portuguese stake
EDP Renewables is to sell a 49% stake in a portfolio of wind assets in Portugal to China Three Gorges for €242m.
EDP Renewables, a subsidiary of utility Energias de Portugal, is set to sell the stake in a 422MW portfolio to the ACE fund, which is fully-owned by Three Gorges. The EDP subsidiary said that the projects in the portfolio are on average six yea ...
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