EDP Renováveis SA (EDPR), through its subsidiary EDP Renewables North America LLC, has signed an Asset Purchase Agreement with WEC Energy Group $(WEC)$ for the development and construction of a 225 MWac (approximately 300 MWdc) solar project in Wisconsin, US. The estimated enterprise value of the agreement is $0.5 billion. The project is subject to final approval by the Public Service Commission of Wisconsin and is planned to become operational by 2028, at which point the transaction would be completed. This marks the fourth transaction of a similar nature executed by EDPR in the US since 2019. Completion of the transaction is subject to regulatory approval and customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EDP Renovaveis SA published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein.
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