EDPR Sells 49% Stake in Solar Portfolio and Storage Project
The California projects have 300 MW of solar and 92 MW of storage capacity
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EDP Renováveis (EDPR), a renewable energy power producer, announced the signing of a sale and purchase agreement with a global energy company to sell a 49% equity stake of class B shares in an operational solar portfolio comprising two projects totaling 300 MWac (406 MWdc) and a 92 MW electricity storage project. The projects are in California.