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Home » News » EDP Renováveis to Reacquire 49% Stake in Wind Portfolios from China Three Gorges ACE Funds
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EDP Renováveis to Reacquire 49% Stake in Wind Portfolios from China Three Gorges ACE Funds

By Philip BrooksDecember 29, 20231 Min Read
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Credit: EDPR
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Portugal's Energias de Portugal announced on Friday that its renewables unit, EDP Renováveis, is set to repurchase a 49% stake in its former wind portfolios situated in Portugal, Poland, and Italy. The deal, valued at 570 million euros ($631.22 million) as of June 2023, implies a total enterprise value of approximately 1.2 billion euros. The

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