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MarketScreener Homepage  >  Equities  >  Euronext Lisbonne  >  EDP - Energias de Portugal, S.A.    EDP   PTEDP0AM0009

EDP - ENERGIAS DE PORTUGAL, S.A.

(EDP)
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EDP Energias de Portugal S A : EDPR reached an agreement in Greece for the joint-development of wind farms

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10/21/2020 | 11:05am EDT
EDPR reached an agreement in Greece for the joint-development of wind farms
Wednesday21, October 2020

The agreement envisages the joint development of a wind portfolio with a capacity of 900 MW.

EDP Renováveis announces it reached an agreement with Ellaktor, the largest infrastructure group in Greece, for the joint development of onshore wind opportunities in the country, with both companies bringing together and combining the industrial expertise and development capacity.

The agreement envisages the joint development of a wind portfolio with a capacity of 900 MW, currently under different development stages, in a country with attractive renewable prospects.

Through this partnership,EDPR accesses to qualityassets under development and gains further growth visibility in the Greek market on top of the 152 MW already contracted in recent wind auctions to start operations in 2021 and 2022.

EDPR continues to study worldwide opportunities while developing profitable projects focused in countries with low risk profile and regulatory stability.

Disclaimer

EDP - Energias de Portugal SA published this content on 21 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2020 14:04:07 UTC


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Financials
Sales 2020 13 035 M 15 424 M 15 424 M
Net income 2020 771 M 912 M 912 M
Net Debt 2020 13 157 M 15 568 M 15 568 M
P/E ratio 2020 21,6x
Yield 2020 4,40%
Capitalization 17 041 M 20 167 M 20 163 M
EV / Sales 2020 2,32x
EV / Sales 2021 2,24x
Nbr of Employees 11 620
Free-Float 70,8%
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Technical analysis trends EDP - ENERGIAS DE PORTUGAL, S.A.
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 4,79 €
Last Close Price 4,32 €
Spread / Highest target 35,4%
Spread / Average Target 11,0%
Spread / Lowest Target -23,6%
EPS Revisions
Managers
NameTitle
Miguel Stilwell de Andrade Chief Executive Officer & Chief Financial Officer
LuŪs Filipe Marques Amado Chairman-Supervisory Board
Eduardo de Almeida Catroga Member-Supervisory Board
Felipe FernŠndez Member-Supervisory Board
Maria Celeste Ferreira Lopes Cardona Member-Supervisory Board
Sector and Competitors
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