Company Overview

Business Description

Sector
Utilities
Industry
Utilities
Headquarters
Spain ES
Employees
2 615
IPO date
Jun 4, 2008

EDP Renovaveis SA, better known as EDPR, develops, owns, and operates renewable power plants, mainly wind and solar projects. It builds these facilities, connects them to the grid, and then sells the electricity they produce. In simple terms, it is a clean-power generator rather than a utility that sells power directly to households.

Its main customers are electric utilities, large companies, and grid operators that buy power through long-term contracts or on the open market. EDPR also earns money from the environmental attributes tied to renewable generation in some markets. Its income depends on how much electricity its plants produce and the prices locked in by contracts or earned in the market.

What makes EDPR’s business model different is that it sits between project developer and power producer. It finds good wind and solar sites, secures permits and financing, and then holds the plants as long-term assets that can keep generating cash over many years. That gives it a portfolio-style business built around recurring output from physical energy assets.

EDP Renovaveis SA Investor Relations

Address
Parque Empresarial ADEQUA, Avda. de Burgos, 89, EDIF 1 MOD A-B
Madrid
Spain

Business Segments

Wind power

EDPR develops, builds, owns, and operates onshore wind farms that turn wind into electricity.

Customers and revenue model

Solar power

EDPR develops, builds, owns, and operates solar farms that generate electricity from sunlight.

Customers and revenue model

Management

Mr. Miguel Stilwell de Andrade

Chief Executive Officer

Biography unavailable

Mr. Rui Manuel Rodrigues Lopes Teixeira

Chief Financial Officer

Biography unavailable

Bautista Rodriguez

CTO & Business Offshore

Biography unavailable

Ms. Maria Gonzalez Rodriguez

Secretary & Executive Director of Legal Department

Biography unavailable

Ms. Sandhya Ganapathy

Chief Operating Officer of North America

Biography unavailable

Mr. Pedro Collares Vasconcelos

Chief Operating Officer of APAC

Biography unavailable

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