EDPR signs a Build & Transfer Agreement for 102MW wind farm project in the US | edp.com

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 and of article 248-A of the Portuguese Securities code, EDP - Energias de Portugal, S.A. (“EDP”) is providing the following information to the market:

EDP Renováveis, S.A. (“EDPR”), 82.6% controlled by EDP, has signed a Build & Transfer Agreement with Northern Indiana Public Service Company LLC (“NIPSCO”) through its fully owned subsidiary EDP Renewables North America LLC. The agreement enables the development and construction of EDPR’s 102 MW Rosewater Wind Farm in the U.S. state of Indiana, which is expected to come online by 2020 when the Build & Transfer Agreement would be completed.

Completion of this transaction is subject to regulatory approval and other customary closing conditions for a transaction of this nature.

With this new contract, EDPR has now secured 1.1 GW of wind energy agreements in the U.S. for projects to be installed in 2019 and 2020

EDP – Energias de Portugal. S.A.