EDP - EDP completes Asset Rotation of a 181 MW wind portfolio in Spain for an EV of €0.3bn
- Jun 27, 2022 8:22 pm GMT
EDP completes Asset Rotation of a 181 MW wind portfolio in
Spain for an EV of €0.3bn
The total consideration of the transaction corresponds to an Enterprise Value (100%) of €328 million, which translates into an Enterprise Value of €1.8 million/MW.
With the conclusion of this transaction, EDPR achieves €2.4bn of Asset Rotation proceeds within the context of the €8bn Asset rotation program for 2021-25 announced in EDPR Capital Markets Day, allowing EDPR to accelerate value creation while recycling capital to reinvest in accretive growth.
This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the
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