Jan 18, 2024

​Marathon Capital Advises EDPR on the Sale of 340 MWac Operating Solar Portfolio to Plenitude

Marathon Capital, LLC is pleased to announce it has advised EDP Renováveis, S.A. (“EDPR”) on the sale of an 80% sponsor equity stake in three operating solar photovoltaic parks totaling 340 MWac to Plenitude, which is making the acquisition through its US subsidiary Eni New Energy US Inc. The projects, located in Texas and Ohio, will generate more than 800 GWh of renewable energy annually.

Marathon Capital acted as exclusive advisor to EDPR on the transaction.

“EDPR’s commitment to delivering top-tier projects such as those in this portfolio is a testament to their global leadership across the renewable energy industry. It was a pleasure to support EDPR on this transaction, and to see Plenitude take another meaningful step in their global growth.” – Ari Pribadi, Senior Managing Director & Head of Chicago Office

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Contact Information

Ari Pribadi
Senior Managing Director, Head of Chicago & Co-Chair of D&I Committee
+1 312-989-1351

Pat Van Grinsven
+1 312-513-8712