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Portugal-based utility EDP plans to invest 1.2bn euros (US$1.4bn) in Brazil between 2026 and 2028, according to the company’s latest investor presentation.
The projected capex for the South American country corresponds to 10% of the group’s total planned investments of 12 billion euros for the period.
Some 55% of the global capex is earmarked for “Renewables, Clients & Energy Management,” and the remaining 45% for “Electricity Networks.”
In Latin America, EDP has 4.021GW of installed capacity across wind, solar and hydro power assets, and operates 2,013km of transmission lines.
Most of its operations are located in Brazil, except for four wind power plants (Ovalle/82.6MW) situated in Chile.
The company is the main power distribution operator in the Brazilian state of Espírito Santo and along São Paulo’s coastline, and holds a minority stake in Santa Catarina’s utility Celesc.
EDP’s power distribution concession in Espírito Santo was recently extended for 30 years, with an investment commitment of 5 billion reais (US$930 million) by 2030.
At the end of October, EDP won a lot in Brazil’s only power transmission auction of 2025. The estimated investment is R$441.5mn for the construction of power lines and a substation in Goiás state.
(The original version of this content was written in English)
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