Finance
Ares Management buys stake in EDPR assets in about $2.9 billion deal
Published by Global Banking and Finance Review
Posted on October 6, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 6, 2025
1 min readLast updated: January 21, 2026
Ares Management acquires a 49% stake in EDPR's US renewable energy assets for $2.9 billion, expanding its clean energy portfolio.
(Reuters) -Ares Management said on Monday that a fund managed by its Infrastructure Opportunities unit has acquired a 49% stake in a diversified U.S. renewable energy platform from EDP Renovaveis (EDPR), valuing the business at about $2.9 billion.
Ares said the transaction would expand its presence in key domestic power markets and broaden its exposure to fast-growing clean energy segments.
The investment manager has been doubling down on renewable energy and infrastructure assets amid rising demand for power, fueled by data centers and the rapid expansion of artificial intelligence.
The deal brings the total capacity owned by Ares Infrastructure Opportunities funds to roughly 5.7 gigawatts across 11 states and five U.S. power markets since September 2024.
EDPR owns renewable energy assets across Europe, North America, South America and the Asia Pacific.
(Reporting by Vallari Srivastava and Katha Kalia in Bengaluru; Editing by Shinjini Ganguli)
Renewable energy refers to energy derived from natural processes that are replenished constantly, such as solar, wind, and hydropower. It is considered sustainable and environmentally friendly.
An investment manager is a professional or firm responsible for managing investment portfolios on behalf of clients, making decisions on asset allocation, and striving to achieve specific financial goals.
Infrastructure in finance refers to the foundational systems and services that support economic activity, including transportation, utilities, and communication systems, often requiring significant investment.
A stake in a company represents ownership interest, typically measured in shares. Holding a stake allows investors to benefit from the company's profits and growth.
Power markets are platforms where electricity is bought and sold, involving various participants like generators, distributors, and consumers, facilitating the trading of energy resources.
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