EDP Renewables to Invest $1.58 Billion to Develop Offshore Wind Projects

EDPR is set to participate in the United Nations Ocean Conference this week

June 27, 2022

/ Gourav Mishra
/ Finance and M&A, Other, Wind
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Spain-based renewable energy company EDP Renewables (EDPR) announced that it would invest €1.5 billion (~$1.58 billion) in Ocean Winds through a 50:50 joint venture with global energy company Engie. The investment is part of the company’s strategic partnership announced in 2021 to accelerate energy transition through offshore wind.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Gourav Mishra

More articles from Gourav Mishra.
EDPRinvestmentOcean WindsOffshore wind
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS