EDPR has implemented a new operating model focused on growth and development in its main regions, with the aim of consolidating its position as one of the most important renewable energy groups in the world. As part of its business plan for 2021-2025, EDPR aims to implement 20 GW of new capacity, with an additional capital investment of 19 billion euros and an organization with 3,000 employees.

The new operating model includes expanding markets worldwide, including through the acquisition of Sunseap, which will allow the group to expand its geographic presence in 26 markets. The new operating model also includes increasing the share of solar energy production and other new technologies, such as energy storage and H2 (green hydrogen).

The operating model will organize EDPR across three regions: Europe-Latin America, North America, and Asia-Pacific, while pursuing an integrated approach to global functions as centers of excellence, such as Procurement, Investment and Technical Engineering, where the company can capitalize on its global footprint to sustain its competitive advantage.

Miguel Stilwell d’Andrade (CEO) and Rui Teixeira (CFO) will work with COO for the three regions, Duarte Bello, leader in Europe and Latin America, Pedro Vasconcelos, leader in the Asia-Pacific region, Sandhya Ganapathy, leader in North America, as well as with Bautista Rodriguez, Chief Technical Officer (CTO) and responsible for the offshore business through JV Ocean Winds of EDPR.

Through the new organizational structure and appointments to the management team, the company is consolidating its core regions to stimulate growth and strengthen its leadership in these markets.

EDPR accelerated its growth in 2021 by adding 2.5 gigawatts (GW) of new capacity in the first 9 months, bringing aggregate installed capacity to 13 GW.