EDP Renováveis SA (EDPR) is seeking exclusive control over EDPR PT – Parques Eolicos SA (EDPR PE), a company specializing in the construction and operation of wind farms.
The deal is currently under review by the Portuguese Competition Authority (AdC), with no financial details disclosed.
The transaction's status is marked as ongoing on AdC's website, and any comments on the acquisition proposal can be submitted within 10 business days.
EDPR PE currently holds 12 wind parks with a combined installed capacity of 422 MW, according to information available on the regulator's website. The regulatory review process aims to ensure compliance with competition standards and assess any potential impacts on the market.
