EDP Renováveis sells 149MW Poland wind portfolio to Mirova for €298M

  • Lusa
  • 29 April 2022

The portfolio consists of six wind farms already in operation, and the total consideration of the transaction corresponds to a total value of €298 million.

EDP Renováveis (EDPR) has completed the sale of a 149 megawatt (MW) wind portfolio in Poland to Mirova, a transaction with an enterprise value of €298 million, according to a statement sent to the Portuguese Securities Market Commission (CMVM).

“EDP Renováveis, S.A. (“EDPR”) is pleased to announce the completion of the sale to Mirova, an affiliate of Natixis Investment Managers, of a 100% stake in a 149 MW wind portfolio located in Poland,” reads the statement.

The portfolio consists of six wind farms already in operation, and the total consideration of the transaction corresponds to a total value of €298 million.

With this transaction, the Portuguese company will achieve €1.8 billion of Asset Rotation proceeds.