Sunseap energy Czechia
EDP establishes growth platform for APAC through the acquisition of Sunseap
APAC is a key renewables growth market representing ~55% of global 2020-30 capacity additions, with solar representing 65% of growth in APAC, reflecting the strong fundamentals in the region and a strong push for the energy transition with the governments of China, Japan and South Korea having recently made net zero emissions commitments (for
EDPR acquires Sunseap and plans to invest $7.3bn across APAC
EDPR and Sunseap will now work to develop clean energy projects across the APAC region, with a particular focus on solar and wind projects. The two companies will also investigate opportunities for energy storage and green hydrogen projects.
Who we are
Sunseap, founded in 2011, is a leading renewable energy champion based out of Singapore and has a history of over 11 years in Renewables in the APAC region. In February 2022, EDP Renewables (EDPR) acquired a 91% stake in Sunseap.
EDPR informs about the establishment of a growth platform in
As of September 2021, Sunseap portfolio includes 5.5 GW of solar projects: 540 MW operating and under construction; 127 MW of secured capacity ready to build; 4.8 GW pipeline in different development stages.
EDP becomes largest shareholder of Sunseap
EDP Renewables (EDPR), the renewable energy arm of Portuguese power utility Energías de Portugal (EDP), whose largest shareholder is state-owned energy company China Three Gorges, has acquired...
EDP ESTABLISHES GROWTH PLATFORM FOR APAC THROUGH THE ACQUISITION OF SUNSEAP
As of September 2021, Sunseap portfolio includes 5.5 GW of solar projects: • 540 MW operating and under construction; • 127 MW of secured capacity ready to build; • 4.8 GW pipeline in different development stages. The APAC region comprises 4.4 billion people with power demand rising thanks to solid
EDPR informs about completion of Sunseap acquisition
Madrid, February 24 th 2022: Following the information released to the market on November 3 rd 2021, EDP Renováveis, S.A. ("EDPR") has completed today the acquisition of a 91% stake in Sunseap Group Pte. Ltd. ("Sunseap"), the largest distributed solar player and top 4 solar player in South East Asia, for a total consideration of €0.6bn
Completion of Sunseap acquisition in the APAC region | edp
Lisbon, February 24th, 2022: Following the information released to the market on November 3 rd 2021, EDP - Energias de Portugal, S.A. ("EDP"), through its 74.98% owned EDP Renováveis, S.A. ("EDPR") has completed today the acquisition of a 91% stake in Sunseap Group Pte. Ltd. ("Sunseap"), the largest distributed solar player and top 4
UPDATE 3-EDP Renewables acquires majority stake in Sunseap,
EDP Renewables (EDPR) has bought a majority stake in Southeast Asian renewables firm Sunseap Group, creating a solid platform for the Portuguese company to accelerate growth in Asia, the CEO of...

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