The assets include seven operating wind farms installed between 2008 and 2011, and two others now under construction and due for commissioning this year. All of the facilities have long-term offtake agreements in place.

Fiera Axium’s interest in the portfolio will represent 394.5 MW.

According to EDPR, the total enterprise value on the portfolio is $1.7bn based on the transaction price and the expected tax equity liabilities of the projects.

When