Investors' Presentation

where we continue with strong execution with €2.6bn of proceeds secured at attractive multiples and €0.15bn (1) gains already booked Strong AR execution at attractive multiples, showcasing the value of EDPR projects EV/MW €m 1.7 1.25 edp renewables €2.6bn of proceeds, 1.60 ~30% of €8bn AR target for 2021-25 €2.6bn Gain €101m Gain/MW €250k €0.5bn Bright Stalk & Harvest Ridge Indiana CR Wind B&T Wind Portugal Wind Poland Wind Spain Riverstart Solar Indiana CR Total proceeds Solar B&T secured 405 MW 68% Completed Jun-21 302 MW 100% 221 MW 100% 149 MW 100% 181 MW 100% 200 MWac 80% 200 MWac 100% Signed Signed Signed Signed Oct-19 Jul-21 Aug-21 Oct-21 Signed Sep-20 Signed Mar-21 Attractive multiples with avg. €1.6m/MW (Wind @ €1.7m and Solar @ €1.25m/MW 1,658 MW On track to deliver >€300m of capital gains in 2021. Upsize will depend on exact timing of regulatory approvals and closing of each transaction Investors' Presentation 29 1. Gains of €151m in 9M21 include i) €104m from Jun-21 US asset rotation deal, ii) €16m contingent price review of Offshore France sell-down transactions iii) €2m price adjustment of Rosewater B&T and iiii) €30m for Mayflower earn-out

View entire presentation