EDP is famous primarily as a leading Portuguese electric utilities company, known for its major role in the energy sector both in Portugal and internationally. Founded in 1976 through the merger of 14 nationalized electricity companies, EDP—originally Electricidade de Portugal—has grown to become a key player in electricity production, distribution, and transmission[1].
EDP is recognized for its commitment to sustainability and innovation. The group has made significant efforts in renewable energies, overseeing EDP Renováveis (EDPR), a subsidiary established in 2007 focused on wind and solar power. EDPR is now one of the world’s foremost renewable energy producers, operating in Europe, North America, and South America, with aggressive expansion plans toward a 20 GW installed capacity by 2025[2]. EDP has also shaped its global reputation by aiming to phase out coal operations by 2025 and achieve carbon neutrality by 2030[3].
The group’s strategy embraces technological innovation and a strong sustainability agenda, aiming for responsible energy production and ongoing investment in renewable projects[8]. EDP’s achievements are widely recognized, as evidenced by multiple awards for corporate excellence and sustainability, as well as certification as a top employer in several countries[4][7].