Tag Archives: EDP

Vortex to acquire major wind energy portfolio

Vortex, a renewable energy platform managed by EFG Hermes’s private equity arm, has agreed with a subsidiary of EDP Renováveis SA to acquire a 49% stake in an operational 664 MW portfolio of European wind assets. The transaction is valued at EUR 550 million and includes a portfolio of 23 wind farms in four European … Continue reading Vortex to acquire major wind energy portfolio

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Gamesa secures wind power contract to supply 100 MW to EDPR for Amazon Wind Farm U.S. Central

The company will install 48 Gamesa G114-2.1 MW wind turbines in Pauling County, Ohio. Gamesa, a global technology leader in wind energy, announced today that it will supply EDP Renewables (EDPR) with wind turbines for its 100 MW Amazon Wind Farm U.S. Central. Under the terms of the agreement, Gamesa will handle the transport, installation … Continue reading Gamesa secures wind power contract to supply 100 MW to EDPR for Amazon Wind Farm U.S. Central

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EDP Renewables enters the Mexican wind energy market

EDP Renewables (“EDPR”) has established an agreement with Industrias Peñoles, a leading Mexican mining company, for an Electricity Supply Agreement under self-supply regime for the energy produced by a wind farm currently designed for 180 MW, expected to be installed in 2016 by EDPR. The contract is set in USD and for a 25-year period. … Continue reading EDP Renewables enters the Mexican wind energy market

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EDPR secures PPAs for 150 MW wind farm in Texas

EDP Renewables (EDP Renováveis, Euronext: EDPR), a global leader in the renewable energy sector and the world’s third-largest wind energy producer, through its fully owned subsidiary EDP Renewables North America LLC, signed two Power Purchase Agreements (“PPAs”), a 20-year PPA for 50 MW and a 15-year PPA for 100 MW, to sell the renewable energy … Continue reading EDPR secures PPAs for 150 MW wind farm in Texas

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GDF-Suez, EDP Join Areva in French Offshore Wind Farm Bid

French power utilities GDF-Suez and EDP Renewables, part of Portugal’s Energias de Portugal group, have decided to join French nuclear technology group Areva to submit tenders for two offshore wind farm projects in France. The companies will bid for 500-megawatt wind farms to be built at Le Treport, in the English Channel, and near the … Continue reading GDF-Suez, EDP Join Areva in French Offshore Wind Farm Bid

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Portugal’s EDPR sells U.S. wind energy stake for $230 mln

EDPR, the world’s fourth-largest wind energy producer, has sold a 49 percent stake in wind farms in the United States to Canadian pension fund Borealis for $230 million. EDPR said on Tuesday that the portfolio comprised four wind farms totalling 599 megawatts (MW), installed in 2007/08, all of which have long-term power purchase agreements in … Continue reading Portugal’s EDPR sells U.S. wind energy stake for $230 mln

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