EDP is dialing back renewable investment, which eats away at future asset rotation gains that it has successfully scored for years on its market-based NAV discount. Markets did not like the ...

"The importance of ensuring benefits flowing from renewable energy development directly into communities has never been more important," added Sandhya Ganapathy, CEO, EDP Renewables North America.

EDP emerged as the winner of this year's Net zero progression of the year, Global award, as Sustainable Company Awards judges praised the energy company's detailed and comprehensive climate transition ...