Ares buys 80 percent EDPR stake: EDP Renovaveis stock is 15.20 percent below high
Published on 10/13/2026 at 04:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Ares acquired an 80 percent stake in a 384 MW California solar and storage portfolio from EDP Renovaveis on September 22, 2026.
- First-half recurring EBITDA rose 8.00 percent year over year to EUR 1.033 billion, while recurring net profit reached EUR 183 million.
- EDP Renovaveis was last at EUR 12.44 at Lang & Schwarz on October 12, 2026, versus a 52-week high of EUR 14.67.
- The next reporting date listed for EDP Renovaveis is November 5, 2026.
EDP Renovaveis (ES0127797019) was linked to an 80 percent stake sale in a 384 MW California solar and storage portfolio completed by Ares on September 22, 2026, according to EQS News. The transaction covers 200 MW of solar generation and 184 MW of battery storage, while EDPR retained the remaining 20 percent.
Three dated operating milestones
On March 31, 2026, recurring EBITDA for the first quarter reached EUR 489 million, while 60.00 percent of the planned 5 GW additions were already secured, according to Stock Analysis.
On July 29, 2026, EDPR hosted its first-half results webcast, and recurring EBITDA for the first half reached EUR 1.033 billion, up 8.00 percent year over year, while recurring net profit rose 33.00 percent to EUR 183 million, as reported by Stock Analysis and presented on the EDPR investor site.
On September 22, 2026, Ares acquired the 80 percent stake in the portfolio, which has an estimated enterprise value of USD 800 million for 100 percent of the assets, according to EQS News.
What does the transaction change?
The structure gives the portfolio long-dated contracted revenue visibility: the 200 MW solar component has a 20-year power purchase agreement, while the 184 MW storage component has a 20-year capacity tolling agreement, according to EQS News. For EDPR, the transaction combines asset rotation with continued exposure to operating renewable infrastructure.
Results date comes next
The next reporting date listed for EDP Renovaveis is November 5, 2026, according to Deco Proteste. The date will put the first-half operating figures and asset-rotation activity against the companys next quarterly update.
Stock remains below its yearly high
EDP Renovaveis was last at EUR 12.44 at Lang & Schwarz on October 12, 2026 at 10:58 p.m. CEST. Its 52-week range was EUR 11.10 to EUR 14.67, placing the last price 15.20 percent below the high. The company is listed on Euronext Lisbon under ticker EDPR.
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EDP Renovaveis stock facts
- Company: EDP Renováveis, S.A.
- ISIN: ES0127797019
- Ticker: EDPR
- Primary exchange: Euronext Lisbon
- Price Lang & Schwarz (as of October 12, 2026, 10:58 p.m. CEST): EUR 12.44
- Market capitalization: EUR 13.2 billion (as of October 12, 2026)
- 52-week range: EUR 11.10-EUR 14.67 (as of October 12, 2026)
- Sector / Industry: Utilities / Alternative Electricity
- Next earnings date: November 5, 2026
More news and analyses on EDP Renovaveis stock.
