EDP Renováveis (EDPR) has entered into an agreement with Orlen Wind 3, a company owned by Orlen, for the sale of a 142-megawatt portfolio of three operating wind farms.
Located in Poland, the wind farms were commissioned in 2021 to 2022. The agreement also includes the option to develop up to 159 megawatts of hybrid solar projects.
This transaction comes in the context of a €7 billion ($8 billion) asset rotation program for 2023 to 2026, which was announced during EDPR’s capital markets day in March.