EDPR 📈 EDP Renovaveis - Overview

EDP Renováveis, a prominent player in the renewable energy sector, specializes in the development, construction, operation, and maintenance of electricity power stations, with a focus on harnessing wind and solar energy. The company's extensive portfolio comprises a diverse range of wind and solar farms, strategically located across various regions to capitalize on favorable climate conditions and government incentives. As of December 31, 2023, its installed capacity stood at an impressive 13,964 megawatts, with a significant presence in the United States, Spain, Portugal, Brazil, and Poland, among other countries.

The company's global footprint is a testament to its commitment to expanding the reach of renewable energy. With a notable presence in 17 countries, including the United States, Spain, Portugal, Brazil, Poland, Romania, Mexico, Canada, Italy, Vietnam, Singapore, France, China, Chile, Greece, Taiwan, Belgium, the Netherlands, Thailand, and the United Kingdom, EDP Renováveis has successfully navigated the complexities of international markets to establish itself as a leading renewable energy provider. Its capacity in these countries ranges from 6,891 megawatts in the United States to 5 megawatts in the United Kingdom, demonstrating the company's ability to adapt to different market conditions and regulatory environments.

As a subsidiary of EDP - Energias de Portugal, S.A., EDP Renováveis benefits from the parent company's extensive experience and resources in the energy sector. Incorporated in 2007 and headquartered in Madrid, Spain, the company has rapidly grown to become a major player in the renewable energy industry. With a strong focus on innovation and sustainability, EDP Renováveis is well-positioned to capitalize on the growing demand for clean energy and contribute to a low-carbon future. The company's common stock is listed under the ISIN code ES0127797019 and is classified under the GICS Sub Industry: Renewable Electricity, reflecting its commitment to this critical sector.