EDF Energy North America is examining strategic options to bolster capital for its US and Canadian renewables portfolio; including potential stake disposals of up to about 50% in certain North American assets, as part of EDF's broader plan to fund expansion to accelerate renewables growth. EDF Renewables NA operates a diverse portfolio of wind, solar, and storage projects totaling several gigawatts with notable commissioning and development activity in recent years. The talks come amid EDF's effort to optimize its North American footprint as it pursues decarbonization targets in the region.
Sources
France'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%.
www.reuters.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 […]
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www.edf-re.comElectricite 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
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