Valuation Premium! Analyze EDPR's $2.2mn/MW Wind Divestment in Europe, announced at a Significantly Above-Market Deal Multiple

published on 06 July 2024
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Enerdatics data reveals that EDP Renewables’ last four onshore wind asset sales in Europe achieved multiples between $2.2mn to $2.85mn per MW—significantly above the median for similar transactions in Europe during the respective years.

Strategic Sales: EDPR is capitalizing on newly operational assets in high-growth markets like Poland, Italy, and Portugal, where investor interest is rapidly rising, to command premiums.

Recent Success: EDPR's latest divestment under the Asset Rotation Program involved a 191 MW wind portfolio in Italy, sold for an enterprise value of $428mn. The portfolio included seven wind farms, primarily contracted under CfD, with an average operational maturity of 1.4 years.

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