EDP Brasil, a subsidiary of EDP, has finalized the sale of its 20% stake in Pecem Geração de Energia, marking a complete exit from the coal-fired power plant in Ceará, Brazil. The transaction worth 0.20bn reais signifies EDP's strategic move towards decarbonisation. Despite divesting from coal, EDP will maintain full control over the renewable hydrogen project at the Pecém complex, where the first green hydrogen molecule was produced in December 2022. The company's focus on energy transition is evident as it pursues sustainable energy solutions and invests in green hydrogen. EDP's recent agreement with ENGIE Brasil Energia to sell two hydropower plants further underlines its commitment to greener energy practices.