EDP Sells 150 MW Onshore Wind Portfolio in Greece to Principia for €200 Million
EDP Renováveis has completed the sale of a 150 MW onshore wind portfolio in Greece to Principia for an enterprise value of €200 million. The portfolio consists of four operational wind farms backed by 20-year Contracts for Difference.
Transaction date: · Source: edp.com
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 150 MW
- Transaction price
- 200 million (currency as reported in the source)
- Seller
- EDP
- Country
- Greece
- Location
- Multiple locations across Greece
- Continent
- Europe
- Development status
- Operational
- PPA
- Yes
Technology details
Portfolio of four operating onshore wind farms with an average asset life of approximately 1.5 years. All projects benefit from 20-year Contracts for Difference.
Power purchase agreement (PPA)
All wind farms are supported by 20-year Contracts for Difference providing long-term revenue stability.
Additional information
EDP, through its subsidiary EDP Renováveis, completed the asset rotation transaction by selling a 100% equity stake in a 150 MW onshore wind portfolio in Greece to Principia, a company jointly owned by Enel SpA and funds managed by Macquarie Asset Management. The transaction was initially announced in July 2025 and closed in January 2026 as part of EDP’s asset rotation strategy.
Source
Original announcement: https://edp.com/en/investors/investor-information/market-notifications/edp-completes-asset-rotation-deal-150-mw-wind