Total proceeds from the sell-down were €989 million and the company earned an additional €47 million from a higher average selling price compared to 2018 and a further €89 million from improved wind resource and forex transactions.
The sell-down of assets also helped EDPR reduce its net debt by 8% to €2.8 billion.
João Manso Neto, CEO, said the firm is "steadfast in our commitment to keep growing responsibly and to make a decisive contribution to the energy transition".
He highlighted the company's expansion into the Colombian market where EDPR was awarded 490MW in two 15-year PPA contracts at a government auction last October.
Commercial operations are due to start in 2022.
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