EGP told investors it plans to finalise the North American deal by the end of the current first quarter, with due-diligence “substantially completed” and negotiations ongoing with a single investor.
The company said the portfolio comprises 46% wind capacity, 37% hydropower, and 14% geothermal and solar, but gave no further details.
EGP first announced last July plans to sell a minority share of its North American business, saying the “phenomenon of the yieldco” in that region had created an appetite for assets with predictable returns from long-term PPAs.
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