Under the contract model between GE and EDPR
, risk is minimised while enabling new technologies to be quickly added to the EDPR
fleet as they are developed in the coming years.
In previous EDPR
efforts, Maes says, the factory performed a set number of contacts with these producers during and after harvest.
We conducted a very detailed RFQ process for the O&M services, and after significant review and analysis we believe this agreement gives EDPR
NA the highest value along with the most comprehensive support available for our world-class facilities," said Bryan Hayes, chief assets operation officer for EDPR
NA "GE's service solutions will allow us to meet our goals of increasing the reliability, profitability and performance of our wind fleet.
chief executive Joao Manso Neto added: This power purchase agreement enables EDP Renewables to further expand our presence in Indiana, the state in which we are the leading producer of wind energy.
Vortex, which is the renewable energy platform managed by EFG Hermes, increased its net installed capacity following this acquisition to 457 MW across Western Europe, rising from 132 MW of net installed capacity as of late 2014, when Vortex had acquired a 49 per cent equity stake in EDPR
France in a $208 million transaction.
In 2014, EFG Hermes expanded its activities outside of the MENA region asit had signed a $208m deal to acquire a 49% stake in wind energy company EDPR
France, which has a combined gross capacity of 334MW.
will retain a majority of the cash equity interests in the portfolio and will continue to act as the manager of all of the assets.
The project is being developed by LEM, which is led by Engie and includes EDPR
The division's Vortex platform worked in 1Q2016 on a transaction that saw a Sale and Purchase Agreement signed in April 2016 for the acquisition of 49 per cent of a 664MW operational pan-European portfolio from EDPR
Europe for total consideration of EUR550 million, funded via 60 per cent debt and 40 per cent equity.
Egypt's leading investment bank EFG Hermes announced on Wednesday that it has signed $208m deal to acquire a 49% stake in wind energy company EDPR
France which has a combined gross capacity of 334 MW.
EFG HERMES AGREES USD208M DEAL FOR 49% OF EDPR
With a sound development pipeline, first class assets and market-leading operating capacity, EDPR
has undergone exceptional development in recent years.