EDP Wins Power Purchase Agreement for Mexico Wind Farm Project
September 30 2019 - 2:49AM
Dow Jones News
By Cristina Roca
EDP Renovaveis S/A (EDPR.LB) has won a power purchase agreement
to sell the energy produced by a 100 megawatt wind farm project in
Mexico, its parent EDP-Energias de Portugal SA (EDP.LB) said
Monday.
The contract has a 15-year minimum period and is set in dollars,
the company said. Further financial details weren't disclosed.
The wind farm project should begin operations in 2021 and has an
expected load factor above 40%, EDP said.
Write to Cristina Roca at cristina.roca@dowjones.com
(END) Dow Jones Newswires
September 30, 2019 02:34 ET (06:34 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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