The most recent strategic plan from the group, typically presented biennially, covers the period from 2023 to 2026 and was unveiled on March 2, 2023, in London. Last year, EDP revised its strategic plan through 2026 downward, indicating less new installed capacity and more moderate investments.
“As you know, from 2027 onwards, we are working on the business plan and expect to hold the Capital Markets Day in November,” stated the executive during a conference call with analysts, coinciding with the presentation of the first-quarter results of EDP Renováveis.
While not providing specific details, reserving more information for that future date, Miguel Stilwell d’Andrade assured that renewables would continue to be a cornerstone of the strategic plan.
“I think we can expect renewables to continue growing profitably in the various regions where we are present,” he added.
With operations in the United States accounting for slightly over 50% of the group’s installed renewable energy capacity, there is growing anticipation regarding the goals and plans for this market.
Concerns arise from the restrictive renewable energy policies announced by Donald Trump. Among several executive orders implemented since the U.S. president took office, one directly impacts investment in onshore and offshore wind projects, as it complicates access to land for developing new wind energy production plants.
During today’s analyst conference, Miguel Stilwell d’Andrade confirmed that investments in the U.S. would continue, describing it as a market with ongoing growth opportunities.
According to EDP’s CEO, the financial impact of tariffs imposed by Donald Trump—affecting, for instance, the import of solar panels—will be “limited.”
“We are talking about less than 25 million dollars (22.2 million euros), around 1% of the CAPEX [investment] for these projects. Most of the equipment is already in the U.S. or not subject to customs duties,” the executive explained.
EDP Renováveis reported profits of 52 million euros in the first quarter of the year, down 24% compared to the same months in 2024, the company revealed today.
EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 5% to 476 million euros.
