EGP expects to wrap up both deals by year end. Potential buyers of US activities — representing a portion of EGP's 2GW US renewable portfolio — include both conventional and renewable energy firms, along with pension, insurance and infrastructure funds, he said.
Venturini said investor demand for these assets reflects "a growing interest to invest in benchmark assets in an environment of low interest rates".
Funds from disposals may be used to accelerate growth, in both emerging markets and the US. Venturini hinted other disposals could be in store, particularly in Europe.
He added: "We continuously evaluate the value of our assets and what the market would give us. Europe right now is a strange market. If there are opportunities [to sell], why not pursue them?"
