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    EDP   PTEDP0AM0009

EDP - ENERGIAS DE PORTUGAL, S.A.

(EDP)
  Report
Real-time Euronext Lisbonne  -  03:06 2022-12-06 am EST
4.622 EUR   +0.54%
12/02Edp Energias De Portugal S A : Appointment of representative of member of the General and Supervisory Board
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12/02Edp - Energias De Portugal, S.a. Informs : Appointment of representative of member of the General and Supervisory Board
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11/23ENGIE and Google strike power purchase agreement for Scotland's Moray West offshore wind development project
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ENGIE and Google strike power purchase agreement for Scotland's Moray West offshore wind development project

11/23/2022 | 07:06pm EST
FILE PHOTO: Logo of Engie

PARIS (Reuters) - French energy company ENGIE and technology giant Google said they had agreed to undertake a 12-year 100 MW corporate power purchase agreement to support Scotland's Moray West offshore wind development project.

As part of this deal, ENGIE will provide Google with more than 5 TWh of green power from Moray West, which is an offshore wind farm project of nearly 900 MW that is due to begin generating power from 2025.

Moray West is part of the portfolio being developed by Ocean Winds, a 50/50 joint venture owned by EDPR Renewables and ENGIE, which is dedicated to offshore wind projects.

"This new investment in UK renewable energy brings us one step closer to reaching our goal of operating entirely on carbon-free energy by 2030, and means that, in the UK, we'll be running on at or near 90% carbon-free energy in 2025," said Google EMEA president Matt Brittin.

(Reporting by Benjamin Mallet; Editing by Sudip Kar-Gupta)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -0.96% 99.48 Delayed Quote.-30.66%
EDP - ENERGIAS DE PORTUGAL, S.A. 0.41% 4.622 Real-time Quote.-4.86%
ENGIE 0.03% 14.438 Real-time Quote.10.94%
All news about EDP - ENERGIAS DE PORTUGAL, S.A.
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Financials
Sales 2022 18 050 M 18 968 M 18 968 M
Net income 2022 858 M 902 M 902 M
Net Debt 2022 14 918 M 15 677 M 15 677 M
P/E ratio 2022 21,1x
Yield 2022 4,16%
Capitalization 18 145 M 19 068 M 19 068 M
EV / Sales 2022 1,83x
EV / Sales 2023 1,89x
Nbr of Employees 12 990
Free-Float 66,0%
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Technical analysis trends EDP - ENERGIAS DE PORTUGAL, S.A.
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 21
Last Close Price 4,60 €
Average target price 5,80 €
Spread / Average Target 26,2%
EPS Revisions
Managers and Directors
Miguel Stilwell de Andrade Chief Executive Officer
Rui Manuel Rodrigues Lopes Teixeira Chief Financial Officer
JoŃo LuÝs Ramalho de Carvalho Talone Chairman-Supervisory Board
Rita Sousa Head-Compliance
Fernando Maria Masaveu Herrero Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
EDP - ENERGIAS DE PORTUGAL, S.A.-4.86%19 068
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SOUTHERN COMPANY-1.81%73 244
IBERDROLA, S.A.4.66%71 316
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