EDP Hands EDPR's 1.8-Gigawatt Brazilian Fleet to EDP Brasil to Refocus the Renewable Arm on the United States and Europe
EDP confirmed on Tuesday that EDPR's onshore wind and solar fleet in Brazil — 1.1 GW of wind and 0.7 GW of solar — moves to 100-percent-owned EDP Brasil before year-end at an enterprise value of around €1.5 billion. Capital recycles into US and European projects.