Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDP Renovaveis : Target 2025!

>Underperform recommendation and target price unchanged at € 12.5 - As part of EDP's strategic presentation, EDPR has formalised its trajectory for the 2021-2025 period. The key word is growth, with a significant investment plan of € 19bn to grow the installed base by 20 GW (EBITDA+equity). EDPR is embarking on a strategic about-turn with sustained development in solar energy and, to a lesser extent, offshore wind power. This should enable it to diversify its asset ba...
Underlying
EDP Renovaveis SA

EDP Renovaveis is a renewable energy company based in Spain. Co. is engaged in activities related to the electricity sector, namely the planning, construction, operation and maintenance of electricity generating power stations, especially hydroelectric, mini-hydroelectric, wind, solar, thermal solar, photovoltaic, biomass and waste plants, among others. Co. designs, develops, manages and operates power plants. Co. generates electricity using renewable energy sources mostly wind energy. Co. owns EDP Renewables Europe that operates in several European countries and Horizon Wind Energy, which operates in the United States. Co. is a part of the Energias de Portugal group.

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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