BRIEF-EDPR Signs Build And Transfer Agreement For 100 MWac Solar Project In U.S.

American Electric

AEP

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May 25 (Reuters) - EDP Renewables EDPR.LS:

SIGNATURE OF A BUILD AND TRANSFER AGREEMENT FOR A 100 MWAC SOLAR PROJECT IN US
TO DEVELOP AND CONSTRUCT A 100 MWAC (C. 136 MWDC) SOLAR PROJECT IN US FOR AN ESTIMATED ENTERPRISE VALUE OF $0.3 BLN
PROJECT IS SUBJECT TO FINAL COMMISSION APPROVAL AND IS PLANNED TO BECOME OPERATIONAL IN 2028 WHEN TRANSACTION WOULD BE COMPLETED
AGREEMENT SIGNED WITH APPALACHIAN POWER COMPANY (“APCO”), A SUBSIDIARY OF AMERICAN ELECTRIC POWER

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