EDP Renewables maintains US as primary investment market
EDP Renewables will invest 4.5 billion euros in the U.S. through 2028 despite exiting offshore wind. The firm will focus on solar and battery storage growth.
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EDP RENOVAVEIS SA will invest $5.3B in the United States through 2028 despite exiting the local offshore wind sector. The allocation represents 60% of EDPR's total global spending plan announced in November. The company is pivoting toward solar and battery storage as offshore costs and regulatory hurdles mount.
