EDPR to sell 149-MW wind portfolio in Poland

Green Energy

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Spain-based renewable energy company EDP Renovaveis SA announced it has agreed to sell a 100% equity stake in a 149-MW (megawatt) Polish wind portfolio to Mirova, the sustainable investment unit of France's Natixis Asset Management, according to a report by Renewables Now.

The renewables arm of Portuguese utility EDP will sell its full equity shareholding in the portfolio for an enterprise value of around EUR 303 million (USD 359.4 million).

The deal is subject to customary closing adjustments. The transaction concerns six wind parks, of which 20 MW are already in operation while the remaining 129 MW of plants are currently under construction, with a commercial operation date (COD) planned for later this year. 

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