Portugal’s multinational electricity and renewables energy company EDP is expected to cough up taxes of €300 million on profits made in Poland and Romania. This is because of the extraordinary [...]

EDP Renováveis (EDP Renewables outside of Portugal) has sold its Indiana Crossroads Solar Park in the US State of Indiana to the Northern Indiana Public Service Company LLC for US$300. The news [...]

Ocean Winds, held by EDP Renováveis and French energy company Engie, has won an auction to undertake a wind farm energy project off the Central Coast of California for US$150 million. The lease [...]

Portugal’s energy giant posted a slight increase of 1.5% in profits to €518 million by September. While its operations in Portugal suffered a €181 million loss, the electricity company posted the [...]

The Portuguese court of competition has ruled that a €48 million fine slapped on the country’s largest power producer EDP – the highest ever issued in the company’s history — should stand. [...]

EDP lost more retail consumer clients in 2021 to other suppliers than any other supplier in 2021. Two companies in Portugal in particular picked up these lost clients: Goldenergy and Endesa that [...]

The renewables energy arm of Portuguese energy provider EDP, EDP Renováveis (EDPR), has netted a contract to sell green energy in the United States. The 200 MW solar farm project is in California [...]

Portugal’s electrical energy giant EDP saw profits tumble 11% in H1 to €306 million worldwide, while losing €111 million in Portugal. EDP’s Net Profit reached €306m in H1 2022, a decrease [...]

EDP Renovavéis (EDPR) — the renewables arm pf Energias de Portugal (EDP) — has sold its entire wind portfolio in Spain to China Three Gorges for €328 million. China Three Gorges is the Chinese [...]

The Portuguese energy giant EDP closed the first quarter of 2022 with a loss of €76 million which compares to profits of €180 million like-for-like on 2021. “EDP’s financial performance in the [...]