TOP STORIES

EDPR to buy back 49% stakes in 970MW portfolios

RICHARD HEAP

January 2, 2024

EDP Renewables has agreed a €570m deal to buy back 49% stakes in European wind portfolios totalling 970MW from two entities backed by Chinese energy giant China Three Gorges.

CTG vehicles ACE Investment Fund I and II bought stakes in a 422MW portfolio in Portugal, a 418MW portfolio in Poland and a 130MW portfolio in Italy from EDPR in 2016 and 2017.

Read more