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EDP Renováveis (EDPR) has completed the sale of a 10% stake in the 950MW Moray East offshore wind project to China Three Gorges (CTG).
French energy giant Engie has agreed to acquire a 23% stake in equity shareholding and outstanding shareholders loans on the Moray Offshore Windfarm (East) Limited (MOWEL) from EDPR UK Limited, a subsidiary of EDP Renováveis S.A.
EDP Renováveis has, through its subsidiary EDPR UK Limited, closed the sale of a 13.4% stake in equity shareholding and outstanding shareholder loans on Moray Offshore Windfarm (East) Limited to Diamond Generating Europe Limited.
After Engie and EDP Renewable (EDPR) announced they are jointly taking part in the next stage of the third offshore wind call for tenders in France, the country will further see Iberdrola, EDF EN, and wpd participating in the new “competitive dialogue” tendering process.