EDP – Energias de Portugal, S.A. :
* SAID ON TUESDAY, BUYS 50% STAKE IN A 278 MW SOLAR PORTFOLIO LOCATED IN THE U.S., THROUGH ITS 82.6% OWNED UNIT EDP RENEWABLES NORTH AMERICA
* SAYS EXPECTS TO MAKE A TOTAL NET EQUITY INVESTMENT IN THE PORTFOLIO OF ABOUT 150 MILLION DOLLARS FOR THE FULL CONSTRUCTION AND NET OF EXPECTED TAX EQUITY FINANCING
* SAYS THE PORTFOLIO, WHICH WAS DEVELOPED BY FIRST SOLAR INC, IS EXPECTED TO COME ONLINE OVER THE NEXT MONTHS
Source: reuters
