• EDP outlined a 2026-28 gross investment plan of about EUR 12 billion, centered on US contracted renewables and Iberian regulated electricity networks.
• 2028 credit metrics target adjusted net debt/EBITDA of about 3.4x, FFO/net debt of about 22%, supported by more than 80% fixed-rate debt.
• Recurring net profit guidance points to about EUR 1.3 billion by 2028, with underlying net profit growth of 7% and asset rotation gains of about EUR 0.2 billion.
• Dividend framework keeps a EUR 0.19 per share floor, with a 60%-70% payout ratio outlook through 2028.
• EBITDA mix remains weighted to regulated or long-term contracted activities at about 80%, limiting sensitivity to electricity price moves in key markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EDP SA published the original content used to generate this news brief on May 29, 2026, and is solely responsible for the information contained therein.