04/28/2022 | Press release | Distributed by Public on 04/28/2022 12:31
EDP completes asset rotation deal of a 149 MW wind portfolio in Poland for an EV of €0.3bn
The total consideration of the transaction corresponds to an Enterprise Value (100%) of €298 million, which translates into an Enterprise Value of €2.0 million/MW.
With the conclusion of this transaction, EDP will achieve €1.8bn of Asset rotation proceeds within the context of the €8bn Asset rotation program for 2021-25 announced in EDP Capital Markets Day, allowing EDP 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 European Parliament and of the Council.
EDP - Energias de Portugal. S.A.