EDP Renewables
Corporate brand
UnclaimedA renewable-energy company developing, owning and operating wind and solar power assets across Europe and the Americas.
Last updated August 31, 2026
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Overview
EDP Renewables, also known as EDP Renováveis or EDPR, is the renewable-energy company of EDP Group, the Portuguese utility group. The company is registered in Oviedo and headquartered in Madrid, Spain. It was established in 2007 to consolidate, develop and operate the growing portfolio of renewable assets being assembled by EDP Group. Its activities center on the development, construction, management and operation of electricity-generating facilities that use renewable sources, principally wind and, increasingly, solar power. The company grew from EDP Group's wind-energy platform into an international developer and operator. Its business is organized around broad geographic and technological platforms covering Europe and Brazil, North America, and offshore activities. Its operating footprint has included Brazil, Canada, Mexico, the United States, Spain, Portugal, France, the United Kingdom, Poland, Italy, Romania, Belgium and Greece. This geographic spread gives EDPR exposure to a range of electricity markets, regulatory systems and renewable-resource conditions, while also allowing it to combine development, construction, ownership and asset-rotation activities. Wind power remains the defining activity of the brand. EDPR has developed and operated onshore wind farms in multiple countries and has been described as the world's fourth-largest wind-energy generator by installed capacity. Offshore wind is an additional strategic area, while solar photovoltaic generation has become a smaller but expanding part of the portfolio. The company's typical business model involves identifying suitable sites, securing permits and grid access, arranging financing, constructing or commissioning facilities, and then operating the assets over their productive lives. It may also sell completed or operating assets in order to recycle capital into new projects. EDPR became a separately listed company in 2008, when EDP placed a minority stake on Euronext Lisbon. The initial public offering made EDPR a constituent of Portugal's benchmark PSI-20 index at the time. EDP Group remained the controlling shareholder. In 2017, EDP launched an offer intended to acquire minority holdings in EDPR and ultimately move toward full ownership through a squeeze-out process. This represented a change in the company's ownership structure rather than a change in its core renewable-energy identity. The company has continued to expand through new wind and solar development, portfolio transactions and selective investment in international markets. In 2021, it sold a group of wind assets in Europe to Onex while acquiring a solar plant in Vietnam, illustrating the use of acquisitions and disposals to reshape its portfolio. A later transaction announced in 2025 concerned the sale of EDPR's entire interest in five operational solar projects in Italy to Encavis. The projects, located in Lazio and Puglia, had a combined capacity of 248 MW, with a further 17 MW expansion planned, and the reported transaction value was €300 million. EDP Renewables is therefore positioned as an international renewable-power platform rather than a consumer-facing energy brand. Its principal stakeholders are EDP Group, institutional investors, energy-market counterparties, governments, local communities and electricity customers. The brand's scope combines utility-scale generation, renewable project development and asset management, with wind as its historical foundation and solar and offshore projects supporting longer-term diversification.
History
EDP Renewables was created in 2007 by EDP Group to hold and operate the parent company's expanding renewable-energy assets. EDP Group, headquartered in Lisbon, is one of Portugal's largest utility groups and has electricity and gas activities in Europe, Brazil and the United States. The creation of a dedicated renewable subsidiary reflected the increasing importance of wind power within the group's generation strategy and created a platform that could develop projects across national markets. The new company was registered in Oviedo and established its headquarters in Madrid. Its initial business was centered on the design, development, construction, management and operation of wind farms. Over time, EDPR expanded beyond its original markets and built a presence across Europe, North America and South America. Its operating countries have included Brazil, Canada, Mexico, the United States, Spain, Portugal, France, the United Kingdom, Poland, Italy, Romania, Belgium and Greece. Internally, the business has been described through platforms covering Europe and Brazil, North America, and offshore activities. A significant corporate milestone came in June 2008, when EDP sold 22.5% of EDPR through an initial public offering on Euronext Lisbon. The shares were offered at €8.00 each, and EDPR entered Portugal's PSI-20 index as one of its larger constituents at the time. EDP nevertheless remained the principal shareholder and continued to control the strategic direction of the renewable-energy company. EDPR became one of the world's largest wind-energy producers as its installed portfolio grew. Its business has continued to be led by onshore wind, while offshore wind and solar photovoltaic generation have provided avenues for diversification. The company does not primarily sell branded consumer products; instead, it creates and operates power-generating infrastructure and monetizes electricity production, project ownership and development capabilities. In spring 2017, EDP made a buyback offer for EDPR's minority shares at €6.80 per share. The proposal was intended to enable the acquisition of the remaining minority interests and a potential squeeze-out. This marked an important phase in the ownership history of the listed subsidiary and reinforced EDP Group's role as its controlling shareholder. Portfolio rotation has also been part of EDPR's growth model. In July 2021, the company sold three operating wind parks and two wind plants under construction to Onex for a reported €530 million. During the same period, it acquired a 28 MW solar plant in Vietnam, showing how the company combined divestments of mature or selected assets with investment in new renewable technologies and markets. The company has continued to manage a broad portfolio of wind and solar projects while maintaining an international development focus. In December 2025, EDPR was reported to have completed the sale of its full stake in five operating solar projects in Italy to Encavis. The assets, located in Lazio and Puglia, represented 248 MW of combined capacity, with a further 17 MW expansion planned; the transaction was valued at €300 million. These transactions illustrate EDPR's role as an active renewable-infrastructure owner and developer that can retain, expand or sell assets according to its capital-allocation strategy.
- 2025
Italian solar portfolio sale
[1]EDPR completes the reported sale of five operating Italian solar projects to Encavis, representing 248 MW plus a planned 17 MW expansion.
- 2021
Wind-asset sale and Vietnam solar acquisition
[1]EDPR sells a group of wind assets to Onex for a reported €530 million and acquires a 28 MW solar plant in Vietnam.
- 2017
EDP launches a minority-share buyback offer
[1]EDP offers €6.80 per EDPR share as part of a process aimed at acquiring the remaining minority interests.
- 2008
Initial public offering on Euronext Lisbon
[1]EDP lists 22.5% of EDPR at €8.00 per share. The company subsequently joins the PSI-20 benchmark index.
- 2007
EDP Renewables is established
[1]EDP Group establishes EDPR to consolidate and operate its growing renewable-energy assets, particularly wind projects.
Products and positioning
International utility-scale renewable-energy developer and operator, historically led by wind power and increasingly diversified into solar and offshore generation.
Wind power · 2007
Onshore wind farms
Onshore wind is EDPR's historical core business. The company develops, builds, owns and operates wind farms in Europe, North America and South America. Activities span site development, permitting, grid connection, construction, asset management and electricity generation. Its international onshore portfolio has made EDPR one of the leading global wind-power producers.
Wind power
Offshore wind projects
Offshore wind forms a dedicated part of EDPR's business structure and extends its renewable-development capabilities into marine environments. These projects generally require larger capital commitments, complex permitting and specialized grid and construction arrangements. The reference material identifies offshore activity as a strategic platform but does not specify individual projects or commercial launch dates.
Solar power
Solar photovoltaic plants
Solar photovoltaic generation is a smaller but growing part of EDPR's portfolio. The company develops, acquires, operates and selectively sells utility-scale solar assets. Examples referenced include a 28 MW plant acquired in Vietnam and a portfolio of Italian solar projects later sold to Encavis.
Controversies
2020
EDPR North America discloses cyber-related data exposure
EDP Renewables North America informed customers that its internal systems had been breached. It said that, after a ransomware attack on its parent company and an investigation, it learned attackers had gained unauthorized access to at least some information stored on its systems; it said it had no evidence that customers' personal information was accessed and was sending notification letters.
Brand decisions
2025
Sale of Italian solar-project portfolioM&ABackground
EDPR continued to use portfolio rotation to monetize operating renewable assets while managing its international investment base.
Action taken
EDPR sold its entire stake in five operating solar projects in Italy to Encavis.
Aftermath
The sold assets totaled 248 MW, with a planned 17 MW expansion, and the reported transaction value was €300 million.
Transaction value. €300 million (December 2025)
2021
Portfolio rotation through wind disposal and solar acquisitionStrategyBackground
EDPR used asset transactions to recycle capital and adjust the mix of renewable technologies and markets in its portfolio.
Action taken
The company sold three operating wind parks and two wind plants under construction to Onex and acquired a 28 MW solar plant in Vietnam.
Aftermath
The transactions illustrated EDPR's strategy of combining wind-asset disposals with expansion into solar generation.
Reported consideration for wind-asset sale. €530 million (July 2021)
2017
Offer to acquire minority EDPR sharesM&ABackground
EDP remained the main shareholder after the 2008 listing and sought to consolidate ownership of the renewable subsidiary.
Action taken
EDP launched a buyback offer at €6.80 per share, with the process expected to lead toward acquisition of the remaining minority shares through a squeeze-out.
Aftermath
The offer represented a major change in the ownership strategy for the listed subsidiary, although the supplied material does not document the complete subsequent legal outcome.
Buyback offer price. €6.80 per share (Spring 2017)
2008
Public listing of a minority stakeOtherBackground
EDP sought public-market access for its renewable-energy subsidiary while retaining control through its parent-company ownership.
Action taken
EDP listed 22.5% of EDPR on Euronext Lisbon at €8.00 per share.
Aftermath
EDPR became a publicly traded renewable-energy company and joined the PSI-20 benchmark index at the time.
IPO offer price. €8.00 per share (June 2008)
Recent events
Reported
EDPR NA DG selected as a Solarize Philly partner[4]
EDPR NA Distributed Generation, a business unit of EDP Renewables, announced a partnership with the Philadelphia Energy Authority through its Solarize Philly Program. EDPR NA DG was selected as a dedicated partner providing turnkey onsite energy solutions to commercial, industrial, and real estate property owners in Philadelphia.
Reported
EDPR enters the Chilean renewables market[5]
EDPR entered the Chilean market with a portfolio that includes a 77 MW wind farm, subject to regulatory approval and customary closing conditions, and 551 MW of projects under development whose completion occurred when the agreements were signed.
Reported
EDPR North America discloses cyber-related data exposure[3]
EDP Renewables North America informed customers that its internal systems had been breached. It said that, after a ransomware attack on its parent company and an investigation, it learned attackers had gained unauthorized access to at least some information stored on its systems; it said it had no evidence that customers' personal information was accessed and was sending notification letters.
- Unconfirmed
Reported
EDP Renewables challenges Nation Rise wind farm cancellation[6]
EDP Renewables took the provincial government to court over the cancellation of the Nation Rise Wind Farm project, asking a Toronto court to review the environment minister’s decision to cancel the project's Renewable Energy Approval. EDP alleged that the minister had decided beforehand and relied on an unfounded concern about possible harm to bats.
Sources6 sources
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