EDPR SELLS FINANCIAL STAKE IN SPANISH WIND FARM
EDP Renováveis, SA (“EDPR”) closed an agreement with Enel Green Power Spain, SA (“EGP”) to sell its stake in Sociedad Eólica de
Andalucía, SA (“SEASA”) – a company with 74 operating MW in Spain.
EDPR sells its 16.67% equity shareholding by €10.7 million (or €24.5 million of enterprise value, including the equivalent net debt as of
With this transaction, EDPR crystallises the value of a non controlling minority stake and recognises an after-tax capital gain of €6.6 million.