EDP Bets Big on Australia in $1 Billion Asia Renewables Push


The focus on Australia and other markets that the company considers ‘high-growth’ comes after it exited several Asian countries like South Korea, Indonesia and Thailand due to challenges including a lack of permitting clarity and regulatory maturity. The green arm of the Portuguese utility EDP SA, which was in 10 Asian markets three years ago, remains active in Australia, Japan, Singapore, Vietnam, China and Taiwan.



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