Financial advisory to Aquila Capital on the acquisition of EDP Small Hydro (103MW)
Haitong advised Aquila Capital on the acquisition of EDP Small Hydro, S.A. (“Small Hydro).
Small Hydro owns 7 small hydro plants and 100% of Pebble Hydro - Consultoria, Invest. e Serv., Lda, which in turn owns 14 small hydro plants. The 21 small hydro plants located in the regions Centre and North of Portugal have a total of 103MW and an average residual concession life of 14 years.
Transaction agreed on November 9, 2018 and is still pending legal and regulatory authorisations.