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EDF sells stake in 247MW Canadian complex
EDF Renewables has sold a 37.5% stake in its Cypress 1 & 2 Wind complex in Canada to Desjardins Group Pension Plan and Desjardins vehicle DGAM Global Private Infrastructure Fund II.
EDF Renewables Canada retains ownership of 37.5% of the projects in Canadian province Alberta, and First Nations group Blood Tribe holds the remaining 25%. The project was commissioned in two phases, in 2022 and 2023.