EDP Strengthens Its U.S. Footprint
On the other side of the Atlantic, EDP Renewables North America CEO Sandhya Ganapathy hailed the partnership as a catalyst for long-term growth:
“This collaboration reinforces our ability to deliver long-term value while expanding our presence in key markets across the United States.”
The synergy blends EDPR’s operational and development expertise with Ares’ infrastructure investment acumen, forming a powerful alliance in America’s accelerating clean energy transition.
A Growing Portfolio of Power
This transaction marks another milestone in Ares’ ongoing expansion. Since September 2024, the Ares Infrastructure Opportunities fund has snapped up interests in 5.7 gigawatts of renewable capacity across 11 states and five power markets.
Meanwhile, Madrid-based EDP Renováveis, a subsidiary of EDP, continues to push forward its global ambitions, with 16.5 gigawatts of operating capacity and a €12 billion ($14 billion) investment plan through 2026.
The collaboration underscores a shared vision: powering tomorrow with cleaner, smarter energy.
Counsel information for the deal was not immediately available.
