EDPR: Greek wind onshore auction

edpr announcement

EDPR: Greek wind onshore auction

Wednesday 04, July 2018

Madrid, July 4th 2018: EDP Renováveis, S.A. (“EDPR”) secured 20-year Contract-for-Difference (“CfD”) at the Greek energy auction to sell electricity produced by Livadi 45 MW wind farm, located in Central Greece and with expected commercial operation in 2020.

With this new contract, EDPR increases its European footprint by entering in a new market with a sustainable development of its Renewable Energy Source. The auction had a total capacity of 176 MW of which EDPR was awarded c.25%.

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.

 

EDP Renováveis, S.A.