EDFNA is evaluating strategic options to fund growth for its US and Canadian renewables portfolio; including possible stake sales of up to about 50% in specific North American assets, within EDF's broader plan to raise capital for growth in renewables. EDF Renewables NA runs a multi-gigawatt portfolio spanning wind, solar and storage having delivered significant commissioning and development activity recently. The discussions come amid EDF's drive to optimize its North American footprint toward decarbonization targets in the region.
Sources
Electricite de France SA is considering selling a roughly 50% stake in its North American renewable power business, which could fetch about €2 billion,
www.energyconnects.comEDF power solutions North America press releases - News on the development of energy storage, solar, wind, and power in the US and Canada
www.edf-re.comEDF power solutions NA Building Sustainable Wind & Solar Power Solutions in North America Renewable Energy Careers & Jobs
www.edf-re.comSAN DIEGO (Jan. 31, 2023): EDF Renewables North America, one of the largest renewable energy developers in North America, placed 1,054.7 MWp of onshore wind, solar and storage in service during 2022. The Grid-Scale Power team commissioned 922.4 MW while the Distribution-Scale Power team delivered 9 projects totaling 56 MWp. The Onsite Solutions team, through […]
www.edf-re.comFrance's EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%.
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