Investor Presentaiton
Recurring EBITDA -16% YoY penalized by the combination of extremely edp
low hydro volumes and high energy prices context
Recurring EBITDA (1,2) €m
YoY growth, %
-16% YoY
844
710
Wind and Solar
269
394
Hydro + CSEM
263
ΔΥΟΥ
+125m
EDPR Installed Capacity +13% YoY (3)
Wind resources +2% vs. LT avg
-€334m Iberia
+€11m Brazil
-2.6 TWh hydro shortfall in context of €229/MWh
avg. spot price generated a loss ~€0.4bn
Thermal generation Iberia: +2.4 TWh YoY
-323m
362
Networks
310
Other/adjust
2
13
53m
-60
+€4m Iberia
+€48m Brazil
1Q21
1Q22
(1) Adjustments and Non-recurring items include: (i) 2021 of +€21m gain on CIDE (2) Including positive ForEx impact of +4%
Brazil distribution: +€46m, on tariff updates
driven by inflation and BRL appreciation
Investor presentation
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