Miguel Stilwell

Leading the energy transition 

I am delighted to share EDP’s business plan for 2023-2026. We are scaling our commitment to the energy transition and accelerating our sustainable growth over the longer term. We are boosting renewables, reinforcing our position in electricity networks, and supporting our clients towards decarbonization. We will do this hand in hand with our shareholders, employees, clients, communities, and partners, aiming at achieving a climate positive world.  

Miguel Stilwell d’Andrade, CEO




 

Sharing the vision

Leading the energy transition to create superior value.

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Main documents

 

 

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. 

~€25bn
Gross investment in 2023-26
4.5GW/yr
Gross additions 2023-26
€7.5bn
RAB by 2026
€200m
Investment in social impact initiatives in 2026 
€3bn
TOTEX in digital and Innovation in 2023-26
 
 
 
 
 
 
 
 
 
>20% 
FFO/Net Debt by 2026 
>70-80% 
Hedged generation in hydro 2023-26 

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. 

Our projects

The importance of energy transition for the future of the planet

Energy transition

We produce energy, but we also transport, manage, distribute and market it. We will have 100% renewable production by 2030. 
A sustainability strategy for a better future

EDP Sustainability strategy

We are investing in decarbonisation and lead the energy transition, empowering the community and rebuilding our planet in collaboration with our Partners, driven by a solid ESG culture
Solar panels as a form of green energy

Digital Transformation at EDP

The EDP group's digitalisation process is taking over all companies and business units.

The times are changing.

Travel to 2030 with us.

9

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248

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2

hours

55

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Now or Never