Lisbon, June 25th, 2024: EDP, S.A. (“EDP”), through its 71.3% owned subsidiary EDP Renováveis, S.A. (“EDPR”), has secured three long-term Power Purchase Agreements (“PPAs”) with a large US based technological company to sell the green energy produced by three solar projects in Europe. 

The agreement comprises three solar projects for a total of 133 MWac (176 MWdc): 

• 60 MWac (70 MWdc) located in Italy; 
• 58 MWac (87 MWdc) located in Germany; 
• 15 MWac (19 MWdc) located in France. 

EDP has already secured >70% of the ~10 GW total capacity additions target for EDPR in 2024-2026, presented in May 2024 Business Plan Update, continuing to reinforce its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility, fostering the acceleration of the energy transition and the decarbonization of the economy. 

This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council.

EDP, S.A.