In a significant development within the renewable energy sector, EDP Renováveis, S.A. (EDPR) has finalized a Sale and Purchase Agreement with Orlen Wind 3, a subsidiary of Orlen S.A., for the sale of a substantial renewable energy portfolio in Poland.
The transaction, valued at approximately PLN 1.15 billion (around €0.3 billion), includes a 240 MWac (306 MWdc) portfolio comprising three solar projects with a combined capacity of 214 MWac (280 MWdc) and a wind project generating 26 MW.
This strategic move allows EDPR to bolster its asset rotation strategy, which has generated €1.5 billion in proceeds year-to-date across four markets. Since its inception in 2012, the company has achieved over €20 billion from its asset rotation initiatives, enabling it to reinvest in growth opportunities while maintaining a focus on sustainable energy production.
This information is disclosed in accordance with Article 17 of Regulation (EU) No. 596/2014 of the European Parliament and the Council.
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