With this investment, the EDP Group is now operating in 21 countries, while EDP Renováveis has reached its 16th market. This expansion strengthens the company's strategic presence in Latin America, where it already has 0.4 GW in Brazil and is currently developing 1.6 GW in the Brazilian and Colombian markets.
EDP Renováveis, the fourth largest renewable energy producer worldwide, has signed an agreement to purchase a 628 MW renewable energy portfolio in Chile. These wind and solar energy projects are expected to commence operations between 2023 and 2025.
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