EDP completes acquisition of EDPR's Brazil operations for EUR 990 million
Bitget2026/10/28 17:21- EDP's wholly owned subsidiary EDP Brasil completed the acquisition of 100% of EDP Renováveis Brasil from EDP Renewables on October 28, 2026.
- The transaction, previously disclosed on May 19, 2026, closed at €990 million (R$5.6 billion).
- The final price includes an upward adjustment reflecting capital contributions by EDP Renewables between signing and closing.
- The implied enterprise value was approximately €1.6 billion.
- The acquisition integrates Brazilian generation, trading and supply operations, supporting operating and financial efficiency under the group's 2026-2028 business plan.
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