Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDP : Energy Drives Potential

Since 2005, the group’s strategy has focused on renewable energies via its dedicated subsidiary EDPR. Ahead of the general meeting in April 2021, which is expected to renew the management, we believe that a reorganisation of the group’s share ownership (owing to its Chinese shareholder CTG) and structure is inevitable to realign the 2019-2022 strategy with its profile. We see EDP as a possible target for a player seeking to bolster its positions or gain a foothold in renewable en...
Underlying
EDP-Energias de Portugal SA

EDP Energias de Portugal is a utility company engaged as a generator, distributor and supplier of electricity in Portugal, and as an electricity generation company and a gas distributor in the Iberian Peninsula. In addition, Co. is a wind power operator with windfarms for energy generation in the Iberian Peninsula, the U.S., Canada, Brazil, France, Belgium, Italy, Poland and Romania and is engaged in developing wind projects in the U.K. Co. is also engaged in generating solar photovoltaic energy in Portugal, Romania and the U.S, and in Brazil it is engaged as an operator in electricity generation. As of Dec 31 2015, Co. had 9.7 million electricity customers and 1.4 million gas customers.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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