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
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
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.