Leading the energy transition
I’m delighted to share EDP’s revised business plan for 2023-2026 – scaling our commitment to the energy transition and accelerating our sustainable growth over the longer term. At the heart of this strategy sits a global investment to boost renewables and reinforce our position in electricity networks, all while supporting our employees, clients, communities, shareholders, and partners in achieving a climate positive world. Our business is well-positioned to deliver on these ambitions, empowering our people to drive a better tomorrow and championing ESG excellence across our global operations.
Miguel Stilwell d’Andrade, CEO
Net Zero by 2040
We are committed with our planet by leading the decarbonization of the sector, working every day towards Net Zero and by scaling up and diversifying our position as a global pure renewables player.
Accelerated and sustainable growth
We are stepping up our green growth delivery, scaling our impact with an investment plan fully aligned with the energy transition and consolidating our core technologies and regions. We are following a clear investment framework, maintaining our selective and disciplined approach.
FFO/Net Debt by 2026
ESG excellence and future-proof organization
We are ESG leaders, with an ambition to be coal free by 2025 and to have 100% renewable generation by 2030. We are global, dynamic and diverse organization, embracing the future with fast adopters on innovation and have digital at the core of our strategy.
Distinctive and resilient portfolio
We have a solid balance sheet, with an unwavering commitment to our BBB credit rating further solidifying our low risk profile and leveraging our distinctive and resilient portfolio strategy.