Investor Presentaiton
We will deliver superior value, while keeping a solid
balance sheet and low-risk profile
edp
2020
2023
2025
CAPEX¹, € Bn/yr
Step-up investment plan with
3.7
4.5
4.6
↑ +1 Bn
2025 vs. 20
renewables focus
EBITDA², € Bn
Increased results with distinctive
3.5
4.2
4.7
energy transition profile
Net income², € Bn
0.8
1.0
1.2
Earnings acceleration
FFO/ Net Debt³, %
~ 19%
~20%
~21%
Achieve BBB rating in the short term
1.
Including financial investments
2.
3.
EBITDA and Net Income adjusted by disposed portfolios in 2020 (6 hydro plants, B2C portfolio and 2 CCGTS in Spain); CESE at net income level as recurring cost
FFO/ND formula consistent with rating agencies methodologies, considering EDP definition of EBITDA Recurring
Note: Recurring EBITDA and Net income
Investor presentation
13
↑ +6%
CAGR 2020-25
↑ +8%
CAGR 2020-25
↑ +2 pp
2025 vs. 20View entire presentation