EDP Secures Power Purchase Agreement for Wind Portfolio in Spain With Inditex
03 Maggio 2023 - 7:57AM
Dow Jones News
By Giulia Petroni
EDP-Energias de Portugal said late on Tuesday that it has
secured a long-term virtual power purchase agreement with fashion
retailer Industria de Diseno Textil to develop a wind portfolio in
Spain.
The Portuguese energy company said the portfolio consists of two
projects totaling 54 megawatts that are expected to enter in
operation by 2025 and 2026. Projects are located in the region of
Galicia.
The agreement was secured through EDP's renewables subsidiary
EDP Renovaveis. Financial details weren't disclosed.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
May 03, 2023 01:42 ET (05:42 GMT)
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