Greencoat Capital to acquire a 55% stake in US wind portfolio of EDP Renewables for $396m.

Greencoat Capital, a private equity firm, agreed to acquire a 55% stake in the US wind portfolio of EDP Renewables, a renewable energy harvester, for $396m. This transaction is within the context of the $9.5bn asset rotation program announced in EDPR Capital Markets Day, allowing EDPR to accelerate value creation while recycling capital to reinvest in accretive growth.