Publicação
Equity research on EDP Renewables - powering a green future
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Barbosa, Luís Miguel Nunes | |
| dc.contributor.author | Santos, Inês Borges Estácio dos | |
| dc.date.accessioned | 2025-04-02T11:24:07Z | |
| dc.date.available | 2025-04-02T11:24:07Z | |
| dc.date.issued | 2025-01-24 | |
| dc.date.submitted | 2024-12-16 | |
| dc.description.abstract | The equity research on EDP Renewables (EDPR) provides a comprehensive valuation of the renewable energy company. The analysis utilizes a Sum-of-the-Parts (SOTP) valuation framework to distinguish between the value of existing assets and future projects. A distinct Weighted Average Cost of Capital (WACC) is applied for each segment, reflecting the risks and uncertainties associated with each project timeline. While the current asset base represents the bulk of EDPR's value, growth prospects are driven by the expansion of solar and onshore wind capacity, particularly in Europe and North America. EDPR is expected to undergo a strategic shift from wind to solar energy while also investing in emerging technologies such as offshore wind, battery storage, and green hydrogen. Although these new technologies face significant uncertainty, they hold the potential to be game changers, addressing key challenges like the intermittence of renewables and the lack of land availability in mature markets. Now presents a compelling opportunity to buy EDPR stock. Markets are overreacting to Trump’s election and broader negative sentiment surrounding renewables, pushing EDPR to its lowest value in over four years. However, the green transition is far from over. While it may progress at a slower pace, the structural shift towards renewable energy will continue, and renewable stocks, including EDPR, are poised to recover and ramp up in the future. | pt_PT |
| dc.identifier.tid | 203926463 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/181858 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Renewables | pt_PT |
| dc.subject | Energy transition | pt_PT |
| dc.subject | Uncertainty | pt_PT |
| dc.title | Equity research on EDP Renewables - powering a green future | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master Degree in Finance from the NOVA – School of Business and Economics | pt_PT |