EDP Acquires Solar Projects in Romania, Ziarul Financiar Says

EDP-Energias de Portugal SA acquired a portfolio of solar projects in Romania with total capacity of 60 megawatts, Ziarul Financiar reported, citing Monica Cojocaru, a lawyer in charge of the sale.

EDP, Portugal’s biggest utility, may spend about 120 million euros ($154 million) on the projects, the newspaper said, citing its own calculation.

The Portuguese company also bought a 28-megawatt wind project, adding to its existing projects in Romania, ZF cited Cojocaru as saying.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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