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EDP - ENERGIAS DE PORTUGAL, S.A.

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EDP Energias de Portugal S A : EDPR inaugurates its first wind farm in Greece, with an installed capacity of 45MW

11/25/2021 | 10:30am EST
EDPR inaugurates its first wind farm in Greece, with an installed capacity of 45MW
Thursday25, November 2021

Project is part of EDPR plan to reach 500MW of installed capacity in the Greek market by 2025. The wind farm will contribute to the reduction of CO2 emissions by approximately 48,000 tons per year.

EDP Renewables(Euronext: EDPR), the world's fourth largest renewable energy producer, is inaugurating its first project in Greece today:a wind farm with a total capacity of 45MW in the Livadi area, near the town of Malesina, in Central Greece.

The project will contribute to the reduction of CO2 emissions by approximately 48,000 tons per year and will be able to provide energy to over 28,000 households.

EDPR's opening of this wind farm reflects the company's commitment to the local economy through the creation of new long-term jobs.

During the inauguration event, which was joined by Government representatives, local partners and the media, Miguel Stilwell d'Andrade, CEO of EDP and EDP Renewables, commented: "Livadi Wind Farm is a significant milestone for EDP and marks our first project in Greece. The country's commitment to Renewables presents great opportunity for the company, and we plan to continue to explore opportunities that both strengthen our leadership position in the renewable energy sector and boost the country's energy transition."

EDP Renewables plans to doublein size in Greeceby 2025, reaching close to 500 MW of installed capacity and over €500 million in investment, aside from development efforts and associated costs.

Disclaimer

EDP - Energias de Portugal SA published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 15:29:01 UTC.


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Sales 2021 13 053 M 14 785 M 14 785 M
Net income 2021 828 M 938 M 938 M
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Last Close Price 4,64 €
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Miguel Stilwell de Andrade Head-Strategy & Corporate Development
LuÝs Filipe Marques Amado Chairman-Supervisory Board
Rita Sousa Head-Compliance
Maria Celeste Ferreira Lopes Cardona Member-Supervisory Board
Fernando Maria Masaveu Herrero Member-Supervisory Board
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