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02 March 2023
13
min read
EDP anticipates 2025 financial targets and ramps up investment in the energy transition
25 billion investment plan until 2026 will boost renewable additions and support the group’s new net zero targets. Intended capital raise at EDP and EDPR to support the growth ambition. Delisting of EDP Brazil unlocks value creation and promotes corporate simplification.




€25 Bn investment plan: €21 Bn focused on Renewables and €4 Bn focused on electricity networks, representing an annual gross investment of ~€6.2 Bn – 30% higher versus previous Business Plan
Renewables deployment to increase to 4.5 GW per year, totalling 18 GW gross additions by 2026 aiming to a renewables installed capacity of 33 GW by 2026 and with the ambition to reach more than 50 GW by 2030
Renewables investments diversified by technologies including Wind Onshore (40%), Solar PV Utility Scale (40%), Solar Distributed Generation (12%), Wind Offshore (5%) and Storage & Hydrogen (3%)
We are leveraging our superior portfolio and infrastructure as a competitive advantage for increased renewables deployment based on hybridization and repowering
€3Bn investment in digitalization and innovation to foster efficiency and a sustainable growth
Reiterated commitment to be coal free by 2025, 100% renewables generation by 2030 with a Net Zero emissions target by 2040 (SBTi approved)
Future proof organization creating 3000 new jobs by 2026 and communities’ empowerment through a €200m investment in social impact initiatives
Reiteration of BBB credit rating commitment, FFO/Net Debt of 21% in 2026
Recurring EBITDA of €5.7 billion by 2026, with a 6% CAGR in 2022-26
Recurring net income €1.4-€1.5 billion by 2026, with 12%-14% CAGR 2022-26
New dividend policy, with target payout ratio between 60-70% and an increase in dividend floor to €0.20 per share in 2026
edp

EDP launches the 9th edition of EDP Energy Starter

Startups and scaleups can now apply for the 9th edition of Energy Starter until February 21. This year’s first module focuses on Future Grids, offering an opportunity to collaborate with EDP to accele

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