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4 clusters · 32 sources · 8 days · First seen · Last updated
EDP Renewables asset sales and DEI/PPC regional expansion
Overview
On 31 July 2026, EDP Renewables announced several major divestments. This included the sale of a 166 MW wind-and-solar portfolio in Poland to Greece’s Public Power Corporation (PPC) for an estimated €250 million, and a 58 MW wind portfolio in Greece to Faria Renewables for approximately €120 million. Additionally, EDP Renewables agreed to sell an 80% stake in a 384 MW solar and battery-storage portfolio in California to an Ares Infrastructure Equity fund for an estimated $450 million in proceeds.
Simultaneously, Greek utility DEI Group signed an agreement to acquire a 277 MW renewable portfolio in Poland, comprising operating wind and solar assets and projects under development, to support its 2026–2030 expansion goals. On 7 August 2026, DEI Group announced a strategic agreement with Germany’s ABO Energy GmbH & Co. KGaA to acquire its Polish and Hungarian subsidiaries. This acquisition includes a portfolio of 29 special-purpose vehicles holding 99 MW of operational solar projects and over 2 GW of renewable assets (solar, wind, and battery storage) at various development stages.
On 3 August 2026, EDP Renewables reported a near-doubling of first-half profit and reaffirmed that its Polish and Greek asset sales are expected to close by the end of 2026. DEI confirmed it was finalizing the 277 MW Polish acquisition and is advancing a large data-center project in Western Macedonia, Greece, with a 300 MW first phase slated for completion by the end of 2028.
Entities
EDP Renewables · DEI Group · Poland · Public Power Corporation · Faria Renewables
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 15 SOURCES] DEI Group signed an agreement to acquire renewable assets in Poland totaling 277.3 MW.
- [● 14 SOURCES] The portfolio includes 130.5 MW of operating wind farms at Ilza (54 MW), Tomaszow (46.5 MW) and Poturzyn (30 MW).
- [● 14 SOURCES] The portfolio includes 44.9 MW of operating solar parks at Pakoslaw (25.1 MW) and Recz (19.8 MW).
- [● 14 SOURCES] Two solar projects using cable‑pooling (Ilza CP 50.9 MW and Tomaszow CP 51 MW) are under development and expected to start operating in 2029.
- [● 14 SOURCES] All projects in the portfolio have an estimated lifespan of 35 years.
- [● 14 SOURCES] DEI’s 2026‑2030 strategic plan includes a €24 billion investment programme aimed at nearly doubling installed capacity to about 24.3 GW by 2030.
- [● 14 SOURCES] Poland’s renewable energy market grew at more than 17 % per year between 2016 and 2025 and aims for over 50 % of electricity from renewables by 2030.
- [● 5 SOURCES] Sewell & Associates (NSAI) completed a Competent Persons Report confirming a verified (2P) storage capacity of 51.5 million tonnes CO₂ at the Prinos reservoir.
- [● 5 SOURCES] The Prinos site can store up to 2.8 million tonnes of CO₂ per year for at least 15 years.
- [● 5 SOURCES] Technical analyses indicate the operational period could be extended to 18–20 years.
- [● 5 SOURCES] Investment in the Prinos CO₂ project exceeds €1 trillion.
- [● 5 SOURCES] Prinos is the first environmentally licensed CO₂ storage facility in southeastern Europe.
Timeline
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5 days ago
[BUSINESS] 15 sourcesPPC to acquire ABO Energy's Polish and Hungarian subsidiariesGreece's PPC is acquiring ABO Energy's Polish and Hungarian subsidiaries, adding over 2 GW of renewable energy projects to its portfolio as part of its Central European expansion strategy.
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9 days ago
[BUSINESS] 2 sourcesEDP Renewables reports near‑doubling profit and announces asset sales in Poland and GreeceEDP Renewables posted a 96% profit rise to €183.7 million in H1 and announced sales of wind‑solar assets in Poland and Greece worth about €370 million.
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12 days ago
[BUSINESS] 15 sourcesDEI Group expands into Poland with 277 MW renewable portfolioDEI Group acquires 277 MW of Polish wind and solar assets, part of a €24 bn plan to double capacity by 2030.
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12 days ago
[BUSINESS] 2 sourcesEDP Renewables sells wind farms in Poland, Greece and US solar‑storage portfolioEDP Renewables is divesting assets, selling wind farms in Poland and Greece for €370 million total and an 80% stake in a 384 MW California solar‑storage portfolio valued at $800 million.
Sources
backlinksseo.in · businessdaily.gr · capital.gr · dnews.gr · e-ptolemeos.gr · economistas.gr · economix.gr · emissoradasbeiras.pt · fimotro.gr · finanzen.ch · flashnews.gr · greensavers.pt · iefimerida.gr · ieidiseis.gr · kourdistoportocali.com · larissanet.gr · latinapress.it · lykavitos.gr · marketnews.gr · mercomindia.com · mononews.gr · naftemporiki.gr · ot.gr · protagon.gr · protothema.gr · reporter.gr · reviews.in.gr · revistabiz.ro · sbctv.gr · sofokleousin.gr · tharos.gr · www2.iefimerida.gr
This summary has been updated 6 times: see revision history