Investor Presentation
We are growing our distribution asset base and we have high visibility
over the upcoming period
Distribution business
Growing our Distribution business...
Regulated Asset Base, € Bn
... on the back of visibility on regulatory frameworks
Portugal
Spain
Brazil
By 2026
19%
2022
32%
2026E
24%
30%
RoR
2023-26
Regulation and
inflation visibility
Gross Investments¹
2023-26
~400,000 kms
(+~20k vs. 2022)
5-6%
5.9 49%
TOTEX methodology indexed
to inflation
RoR indexed to bond yields
~€1.5 Bn
>90 TWh
(+~5 TWh vs. 2022)
5.6%
Next regulatory period starting
in 2026
~€0.6 Bn
~12 Mn
connection points
(+~500k vs. 2022)
7-8%2
Revenue indexed to inflation
~€1.1Bn
6.6
46%
~9 Mn
°
smart meters (+2.5
~€3.2 Bn
Mn vs. 2022)
1.
Including financial investments
2.
Regulatory WACC after-tax in real terms
edp
Investors' Presentation
8View entire presentation