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Brief: EDPR Sees Gross Investments At 7.5 Bln Euros Between 2026 And 2028

Nov 6 (Reuters) - EDP Renovaveis SA EDPR.LS:

TO DEPLOY ABOUT 7.5 BILLION EUROS IN GROSS INVESTMENTS BETWEEN 2026 AND 2028

REITERATES EBITDA AT ABOUT €1.9 BILLION IN 2025, INCREASING TO ABOUT €2.1-2.2 BILLION IN 2026 AND TO ABOUT €2.2 BILLION BY 2028

NET INCOME EXPECTED TO DOUBLE FROM ABOUT €0.3 BILLION IN 2025 TO ABOUT €0.6 BILLION BY 2028

TO INSTALL ABOUT 5 GW OF NEW CLEAN ENERGY INCLUDING SOLAR AND WIND POWER COUPLED WITH BESS CAPACITY WITH INCREASING WEIGHT OF SOLAR AND BESS IN U.S. AND MAINTAIN SIGNIFICANT WEIGHT OF WIND ONSHORE IN EUROPE IN 2026-2028 PERIOD

SEES STABLE SCRIP DIVIDEND PROGRAM OVER 2026-2028 PERIOD WITH TARGET DIVIDEND PAYOUT RANGE OF ABOUT 30-50%

BEYOND 2026-28 BUSINESS PLAN, EDPR SEES INCREASE OF POWER DEMAND DRIVEN NAMELY BY DATA CENTERS BUILD OUT IN U.S. AND EUROPE ENABLING ACCELERATED GROWTH BASED ON DIVERSIFIED PIPELINE OF PROJECTS

Source text

Further company coverage: EDPR.LS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))

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