Dec 28 (Reuters) - EDP Renovaveis SA EDPR.LS
* Via its unit EDP Renewables Europe, SL signs agreement
with ACE Poland S.A.R.L. and ACE Italy S.A.R.l. to sell 49
percent in portfolio of wind assets with 598 MW of capacity in
Poland and Italy, for a total consideration of 392 million euros
($430.4 million)
* Transaction covers 392 MW in operation in Poland and 100
MW in Italy, with average age of four years, as well as 107 MW
under construction in Poland and Italy
* ACE Poland and ACE Italy are both 100 percent owned by ACE
Investment Fund LP - an entity participated of China Three
Gorges Hong Kong Ltd, a fully-owned subsidiary of China Three
Gorges (CTG)
* Agreement is made in the context of the 2 billion euros
strategic partnership from Dec. 11 between EDP Energias De
Portugal and CTG
Source text:
Further company coverage: EDPR.LS
($1 = 0.9107 euros)
(Gdynia Newsroom)