EDP Renewables Acquires Majority Stake in Sunseap at $815 Million Valuation

With this investment, EDPR will expand its footprint in Asia through Sunseap

November 3, 2021

/ Harsh Shukla
/ Finance and M&A, Solar
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EDP Renewables (EDPR), a Spain-based renewable energy company, has acquired a majority stake in Singapore-based solar energy company Sunseap. The deal values Sunseap at S$1.1 billion (~$815.18 million).

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Harsh Shukla

More articles from Harsh Shukla.
AsiaEDP RenewablesHydrogeninvestmentSolarSunseapwind
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