EDPR signs Asset Rotation deal for a 190 MWac (229 MWdc) solar portfolio in Spain
EDPR signs Asset Rotation deal for solar portfolio in Spain
Madrid, August 4th 2025: EDP Renováveis, S.A. (EDPR) signed a Sale and Purchase Agreement with Prosolia Energy to sell a 100% equity stake in a 190 MWac (229 MWdc) solar portfolio in Spain for an estimated Enterprise Value of €0.16 billion.
The transaction scope comprises five operating solar plants located in the region of Andalucía and Castilla y León, with an average asset life of less than one year. These projects benefit from long-term Power Purchase Agreements.
The transaction is subject to precedent, regulatory and other usual conditions for a transaction of this nature, with closing expected to occur during 2025.
With this transaction, EDPR has already secured ~€0.8 billion of the ~€2 billion Asset Rotation proceeds target for 2025.
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 Renováveis, S.A.