Ares acquired stake from EDP Renewables and EDP Renovables stock costs EUR 12.83

Published on 10/04/2026 at 17:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ares acquired 80 percent of EDPR's 384 MW portfolio on September 22. EDP Renovables stock costs EUR 12.83 on October 4, 2026 versus EUR 12.83 at Xetra.

Isometrisches 3D-Diagramm der Wertschöpfungskette, Bezug EDP Renováveis S.A., ISIN ES0127797019 — EDP Renováveis S.A. (ES0127797019) zeigt isometrisch Wind, Solar, Umspannwerk und Stadt als Wertschöpfungskette, Illustration mit AI erstellt.

On September 22, 2026, Ares said an infrastructure fund acquired an 80 percent stake in a 384 MW solar and storage portfolio from EDP Renewables, S.A., according to EQS News. EDP Renovables stock was at EUR 12.83 in weekend trading at Lang & Schwarz at 5:30 p.m. CEST on October 4, 2026, unchanged versus the EUR 12.83 close at Lang & Schwarz on October 2, 2026.

Weekend trading

EDP Renovables was quoted at EUR 12.83 in weekend trading at Lang & Schwarz at 5:30 p.m. CEST on October 4, 2026. The price was unchanged from the EUR 12.83 close at Lang & Schwarz on October 2, 2026. The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CET/CEST is shown by the continuously updated real-time quote of EDP Renovables stock.

Portfolio transaction

The Ares announcement said the portfolio includes 200 MW of solar capacity and 184 MW of battery energy storage in California. The total estimated enterprise value for 100 percent of the portfolio at the start of operations is approximately USD 0.8 billion. The solar capacity is covered by a 20-year power purchase agreement, while the storage capacity has a 20-year capacity tolling agreement. EDP Renewables North America CEO Sandhya Ganapathy said the partnership would support renewable energy development, according to EQS News.