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Home » News » Wind Energy » EDP Renovaveis Completes Buyback of 49% Stake in European Wind Portfolio
Wind Energy

EDP Renovaveis Completes Buyback of 49% Stake in European Wind Portfolio

By Benjamin DavisOctober 12, 20241 Min Read
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Credit: EDP Renovaveis.
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EDP Renovaveis SA has successfully completed the acquisition of a 49% stake in a 970-MW wind portfolio in Europe for approximately EUR 580 million (USD 634 million). The company purchased the interest from two funds associated with China Three Gorges (CTG), specifically ACE Investment Fund I LP and ACE Investment Fund II LP. This acquisition

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Acquisition China Three Gorges EDP Renovaveis. Europe Three Gorges Wind
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Previous ArticleB.Grimm Power Eyes Renewable Energy Investments in China and Greece
Next Article OMV Petrom Acquires 50% Stake in Renewables Portfolio and Expands Wind and Hydropower Assets

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