EDP completes Asset Rotation deal for a 68 MW portfolio in Italy
EDP completes Asset Rotation deal for a 68 MW portfolio in Italy
Lisbon, July 21st, 2026: Following the information released to the market on June 30th 2026, EDP, S.A. (EDP), through its 71.3% owned subsidiary EDP Renováveis, S.A. (“EDPR”), is pleased to announce the completion of the sale and purchase agreement with PLT Energia S.R.L., to sell a 100% equity stake in a 68 MWac (70 MWdc) wind and solar portfolio in Italy for an Enterprise Value of €0.15 billion.
The transaction scope comprises five operating contracted plants located in southern regions of Italy (Puglia, Basilicata and Campania). Four of these are wind projects, totalling 60 MW, benefiting from 20-year Contracts for Difference (“CfDs”) and with an average asset life of 11 years. The one solar project of 8 MWac (9 MWdc), benefits from 10-year Power Purchase Agreements (“PPAs”) and has an average asset life of less than one year.
This information is disclosed to the terms and for the purposes of article 17 of Regulation (EU) No 596/2014 of the European Parliament and of the Council.
EDP, S.A.