Project Finance Brief: EDP Acquires 44 MW Solar Project Portfolio in Brazil

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November 13, 2024

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EDP, a renewable energy power producer, announced the acquisition of 16 solar projects from Tangipar Group, a solar energy company in Brazil. The projects in Bahia, Mato Grosso, Mato Grosso do Sul, and Paraná, have a total capacity of 44.3 MW. Five of the 16 projects have already been completed, with the remaining ones expected to be operational by 2025. The planned operational capacities include 10.9 MW in Bahia, 12.5 MW in Mato Grosso, 12.9 MW in Mato Grosso do Sul, and 7.7 MW in Paraná.

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