EDP Renováveis is awarded long-term CfD of wind at Greek energy auction

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EDP Renováveis is awarded long-term CfD of wind at Greek energy auction

Monday 17, December 2018

Madrid, December 17th 2018: EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the world's largest wind energy producers, secured 20-year Contract-for-Difference (“CfD”) at the Greek wind energy auction to sell electricity produced by Aerorrachi 15 MW wind farm, located in North Greece and with expected commercial operation until 2021.

In July 4th 2018 EDPR announced the entrance in Greece with the award of a 20-year CfD for Livadi 45 MW wind farm. With this new contract EDPR reinforces its footprint in a new market with a sustainable development of its Renewable Energy Source.

As part of its growth strategy, EDPR continues to study worldwide opportunities while developing profitable projects focused in countries with low risk profile and regulatory stability.