EDP Renováveis S A : EDPR is awarded with PPA for a 120 MW wind project at the Chilean renewable auction
September 07, 2021 at 12:52 pm EDT
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Madrid, September 7th 2021: EDP Renováveis, S.A. ('EDPR') was awarded a 15-year Power Purchase Agreement ('PPA') at the Chilean renewable auction, to sell the green energy produced by the 120 MW San Andres wind project, avoiding estimated annual emissions of over 90 thousand tons of CO2.
The San Andres wind project, located in La Araucania, Chile, is expected to enter in operation in 2025.
Following the successful entry in the Chilean market in May 2021, EDPR has now 0.2 GW of secured capacity to be deployed in Chile until 2025.
EDPR's success in securing new PPAs reinforces its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility.
EDP Renováveis, S.A.
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EDP Renovaveis SA published this content on 07 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2021 16:51:06 UTC.
EDP Renováveis, S.A. (Euronext: EDPR) is the fourth largest renewable energy producer worldwide with presence in 28 markets across Europe, North America, South America and Asia/Pacific.
Based in Madrid and with main regional offices in Houston, São Paulo and Singapore, EDP Renováveis, S.A. has a robust development portfolio with first class assets and a market-leading operational capability in renewables. These include wind onshore, utility scale & distributed solar, wind offshore (through its 50/50 JV - OW) and technologies complementary to renewables such as batteries and green hydrogen.
EDPR's employee-centered policies resulted in its recognition as a Top Workplace 2023 in the United States, Top Employer 2023 in Europe (Spain, Italy, France, Romania, Greece, Portugal and Poland) Colombia and Brazil, as well as its inclusion in the Bloomberg Gender-Equality Index.
EDPR is a division of EDP (Euronext: EDP), a leader in the energy transition with a focus on decarbonization.