Lisbon, August 04th, 2021:EDP - Energias de Portugal, S.A. (“EDP”), through its 74.98% owned subsidiary EDP Renováveis, S.A. (“EDPR”), EDP Renováveis, SA (“EDPR”)  signed a Sale and Purchase Agreement with Mirova, an affiliate of Natixis Investment Managers,  to sell a 100% equity stake in a 149 MW wind portfolio located in Poland for an estimated Enterprise Value of approximately €303 million (subject to customary closing adjustments).

The transaction scope comprises six wind farms, out of which 20 MW are in operation since 2020 and 129 MW are under construction with expected CoD until 2021YE.

The total consideration of the transaction corresponds to an estimated Enterprise Value of c.€303 million, which translates into an Enterprise Value of €2.0 million/MW.

The transaction is subject to regulatory and other customary precedent conditions.

This transaction will contribute with approximately €303 million of Asset rotation proceeds and is within the context of the €8 billion Asset rotation program for 2021-25 announced in EDP Capital Markets Day, allowing EDP to accelerate value creation while recycling capital to reinvest in accretive growth.

This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council and of article 248-A of the Portuguese Securities code.

EDP – Energias de Portugal. S.A.