EDP Secures Power Purchase Agreement for Italy Solar Portfolio
April 21 2023 - 5:22AM
Dow Jones News
By Giulia Petroni
EDP-Energias de Portugal SA has secured a long-term power
purchase agreement with Procter & Gamble Co. for a solar
portfolio in Italy.
The Portuguese energy company said Friday that the portfolio
consists of two solar photovoltaic projects in the region of Lazio,
both expected to become operational by this year.
The agreement, which was secured through renewables subsidiary
EDP Renovaveis SA, is to sell the green energy produced from the
109 megawatt-alternating current solar portfolio, according to the
company.
Financial details weren't disclosed.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
April 21, 2023 05:07 ET (09:07 GMT)
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