Investors' Presentation
We will accelerate growth, maintaining our distinctive Asset
rotation model...
Asset rotation model fueling growth...
Asset rotation model capacity
GW¹/year
0.9
1.5
1.4
Target
2019-22 BP
2021-23
2024-25
Share of total
~50%
~40%
~30%
additions
1.
EBITDA + Equity GW
2. Includes equity proceeds and debt de-consolidation
1234
3.
4.
Considering EV at 100%
As of Sep-2021
... aligned with our track record4
Extensive
track record
26 transactions since 2012
€14.3bn EV³ track record in past
transactions
€8bn²
Asset Rotation
Expanding
market
for 2021-25
Conservative
value creation
assumption
edp
renewables
Increased market demand from Infra,
Pension, Sovereign Wealth Funds
€0.3-0.4bn AR gains p.a. last 2 years
VS
~€0.3bn p.a. projected for 2021-25
Investors' Presentation 28View entire presentation