Madrid, April 18th 2024: Following the information released to the market on February 14th 2024, EDP Renováveis, S.A. ("EDPR") is pleased to announce the completion of a Sale and Purchase Agreement with Connor, Clark & Lunn Infrastructure ("CC&L Infrastructure") to sell an 80% equity stake in a 297 MW operating wind project located in Alberta, Canada for an implied Enterprise Value of C$0.7 billion.

With the conclusion of this agreement, EDPR has executed ~35% of the €7 billion Asset rotation program for 2023-26 as announced in EDPR's Capital Markets Day in March 2023, allowing EDPR to accelerate value creation while recycling capital to reinvest in accretive growth.

This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council.

EDP Renováveis, S.A.


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EDP Renovaveis SA published this content on 18 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2024 11:10:08 UTC.