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EDPR secures new PPA for capacity already in operation in the US

EDPR secures new PPA for capacity already in operation in the US

Madrid, August 13th 2014: EDP Renováveis, SA (“EDPR”), through its fully owned subsidiary EDP Renewables North America LLC, signed a 15-year Power Purchase Agreement (“PPA”) with Hoosier Energy to sell the renewable energy produced by 25 MW of the Rail Splitter wind farm, in operation in the state of Illinois since 2009.

This contract reduces the structural long-term merchant exposure in the US to 562 MW, which represents only 6.5% of EDPR’s total installed capacity as of June 2014.

 

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