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EDPR first-half profit more than doubles on capital gains

UPDATE 1-EDPR first-half profit more than doubles on capital gains Adds CEO quotes in paragraphs 7, 8 and 10 share price reaction By Sergio Goncalves LISBON, July 26 (Reuters) - The world's fourth-largest wind energy producer, EDP Renovaveis EDPR.LS , more than doubled first-half net profit on Friday thanks to capital gains from selling stakes in older assets and a rebound in electricity revenues.
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EDP ​​​​Renovaveis first-half profit more than doubles on capital gains

EDP ​​​​Renovaveis first-half profit more than doubles on capital gains LISBON, July 26 (Reuters) - The world's fourth-largest wind energy producer, EDP Renovaveis EDPR.LS , reported on Friday its first-half net profit beat forecasts and more than doubled thanks to strong capital gains and a recovery of electricity revenues. The company said it netted 210 million euros ($227.87 million) in the first half, compared to 80 million euros a year ago, while analysts polled by LSEG had expected
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EDP Secures PPA For 44 MW Solar Project In Japan

BRIEF-EDP Secures PPA For 44 MW Solar Project In Japan July 26 (Reuters) - EDP EDP.LS : SAID ON THURSDAY IT HAD SECURED PPA FOR 44 MW SOLAR PROJECT IN JAPAN 20-YEAR PPA SECURED THROUGH EDP RENOVAVEIS PPA SIGNED WITH A MAJOR TECHNOLOGICAL COMPANY PROJECT EXPECTED TO BE OPERATIONAL BY 2025 Source text: https://tinyurl.com/mwa844zn Further company cov
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B&M, LVMH, Ocado

EUROPE RESEARCH ROUNDUP-B&M, LVMH, Ocado July 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, LVMH and Ocado on Wednesday. HIGHLIGHTS * B&M BMEB.L : JP Morgan cuts target price to 469p from 471p * LVMH LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710 * Ocado OCDO.L : HSBC raises target price to 305p from 285p * SAP SE SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210 * Tharisa Plc THST.L : Peel Hu
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EDPR Secures Contract In U.S. For 200 MW Of Storage

BRIEF-EDPR Secures Contract In U.S. For 200 MW Of Storage July 24 (Reuters) - EDP EDP.LS : ON TUESDAY INFORMED ABOUT 24-YEAR CONTRACT SECURED IN U.S. FOR 200 MW OF STORAGE CAPACITY TOLLING AGREEMENT WITH SALT RIVER PROJECT FOR 200 MW (800 MWH) BATTERY ENERGY STORAGE SYSTEM IN ARIZONA CONTRACT SECURED BY EDP RENOVAVEIS THROUGH SUBSIDIARY EDP RENEWAB
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EDPR Completes Asset Rotation Deal For Renewables Portfolio In Italy

BRIEF-EDPR Completes Asset Rotation Deal For Renewables Portfolio In Italy July 17 (Reuters) - EDP Renovaveis SA EDPR.LS : COMPLETES ASSET ROTATION DEAL FOR A 191 MW RENEWABLES PORTFOLIO IN ITALY TRANSACTION SCOPE COMPRISES 7 OPERATING WIND FARMS LOCATED IN SOUTH OF ITALY IN OPERATION FOR AVERAGE OF 1.4 YEARS ENTERPRISE VALUE OF DEAL 0.4 BILLION EU
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Adidas, Spirax Group, Stroeer

EUROPE RESEARCH ROUNDUP-Adidas, Spirax Group, Stroeer July 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, Spirax Group and Stroeer, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : JP Morgan raises target price to EUR 260 from EUR 250 * J D Wetherspoon JDW.L : Jefferies raises target price to 1,000p from 925p * Spirax Group SPX.L : HSBC raises to hold from reduce * Stroeer SAXG.DE : HSBC raises target price to EUR 79 fro
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EDP H1 Total Generation Output Up 6% YoY

BRIEF-EDP H1 Total Generation Output Up 6% YoY July 16 (Reuters) - EDP SA EDP.LS : SAID ON MONDAY Q2 TOTAL GENERATION OUTPUT UP 17% YOY H1 TOTAL GENERATION OUTPUT UP 6% YOY INSTALLED CAPACITY EBITDA AT 26,694 MW AT END-JUNE, FLAT YOY H1 ELECTRICITY DISTRIBUTION IN BRAZIL UP 9% AT 14,868 GWH YOY H1 ELECTRICITY DISTRIBUTION IN PORTUGAL AND SPAIN UP 2
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EDP Renovaveis H1 Electricity Generation Up 5% YoY

BRIEF-EDP Renovaveis H1 Electricity Generation Up 5% YoY July 15 (Reuters) - EDP Renovaveis SA EDP.LS : ACHIEVES 30% LOAD FACTOR AT END-JUNE H1 ELECTRICITY GENERATION UP 5% AT 18,893 GWH YOY H1 GENERATION IN EUROPE UP 4% AT 6,105 GWH YOY H1 GENERATION IN NORTH AMERICA UP 15% AT 10,765 GWH YOY H1 GENERATION IN SOUTH AMERICA DOWN 41% AT 1,313 GWH YOY
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Europe's green energy stocks slide as Trump victory chances grow after shooting

BUZZ-Europe's green energy stocks slide as Trump victory chances grow after shooting ** Shares in European renewable energy companies slide, with traders pointing to increased odds of former President Donald Trump winning a second term after the assassination attempt on Saturday ** Trump said in May he would halt offshore wind development if he was re-elected, according to a media report ** While offshore projects under construction are protected, a Trump victory could be highly negative for the
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EDPR Secures PPA With Google For Solar Project In U.S.

BRIEF-EDPR Secures PPA With Google For Solar Project In U.S. July 15 (Reuters) - EDP Renovaveis SA EDPR.LS : PROJECT IS DUE TO START OPERATING IN 2025 PPA SECURED FOR 15 YEARS Source text: https://tinyurl.com/4ur9tdb ; nPLX63DC73 Further company coverage: EDPR.LS EDP.LS (Gdansk Newsroom)
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Enel jumps 2% as Jefferies raises to 'buy' on earnings, valuation optimism

BUZZ-Enel jumps 2% as Jefferies raises to 'buy' on earnings, valuation optimism ** Enel' shares ENEI.MI up as much as 2.1% after Jefferies raises to 'buy' from 'hold' on earnings optimism, "unjustified" discount to peers ** Brokerage expects the Italian energy group's H1 results on July 25 will show "strong financial performance" ** Says Enel could
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EDP Secures PPA For 150 MWAC Solar Project In US

RPT-BRIEF-EDP Secures PPA For 150 MWAC Solar Project In US Repeats for wider distribution July 11 (Reuters) - EDP EDP.LS : SAID ON WEDNESDAY IT SECURED 15-YEAR PPA WITH TECH COMPANY TO SELL 90% OF GREEN ENERGY PRODUCED BY 150 MWAC SOLAR PROJECT IN ILLINOIS, US, THROUGH ITS 71.3% OWNED SUBSIDIARY EDP RENOVAVEIS EDPR.LS PROJECT IS SITUATED WITHIN ENE
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EDP's Unit To Install Solar Panels For Goodyear In Luxembourg

BRIEF-EDP's Unit To Install Solar Panels For Goodyear In Luxembourg July 9 (Reuters) - EDP SA EDP.LS : EXPANDS ITS COMMITMENT TO DISTRIBUTED GENERATION WITH AGREEMENT WITH GOODYEAR IN LUXEMBOURG AGREEMENT HAS DURATION OF 20 YEARS PROJECT WILL INCLUDE INSTALLATION OF 5 MWP ON FACTORY ROOF AND 2 MWP IN A CARPORT SYSTEM AGREEMENT WITH ENERDEAL, PROVID
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GS downgrades Terna, Fortum, but sees demand growth for European power cos

BUZZ-GS downgrades Terna, Fortum, but sees demand growth for European power cos ** Goldman Sachs downgrades Italy's Terna TRN.MI and Finland's Fortum FORTUM.HE to "sell" from "neutral" on limited share upside and weaker profit and investment outlooks for the two power utilities ** By 0720 GMT, Terna shares are down 1.5% while Fortum drops 2.1% ** G
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EDP Sells Portuguese Tariff Adjustment For 100 Mln Euros

BRIEF-EDP Sells Portuguese Tariff Adjustment For 100 Mln Euros June 27 (Reuters) - EDP SA EDP.LS : SAID ON WEDNESDAY ITS SUBSIDIARY SU ELECTRICIDADE AGREED NON-RECOURSE SALE OF 100 MLN EUROS OF 2023 TARIFF ADJUSTMENT, RELATED TO ACTIVITY OF PURCHASING, AND SELLING, ELECTRICITY FROM GENERATORS WITH GUARANTEED REMUNERATION IT IS EXPECTED TO MONETIZE
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EDP To Provide Clean Energy From Projects Across Europe

BRIEF-EDP To Provide Clean Energy From Projects Across Europe June 26 (Reuters) - Edp SA EDP.LS : SELECTED BY LARGE US-BASED TECH COMPANY TO PROVIDE CLEAN ENERGY FROM PROJECTS ACROSS EUROPE EDPR WILL PROVIDE CLEAN ENERGY FOR TECH COMPANY'S OPERATIONS SOURCED FROM SOLAR PROJECTS ACROSS GERMANY, FRANCE, AND ITALY PPA, WHICH WILL BEGIN IN 2025, WILL H
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EDPR Secures Three Solar Projects For 133 MWac In Europe

BRIEF-EDPR Secures Three Solar Projects For 133 MWac In Europe June 25 (Reuters) - EDP Renovaveis SA EDPR.LS : SECURES 133 MW OF SOLAR CAPACITY IN EUROPE SECURED THREE LONG-TERM POWER PURCHASE AGREEMENTS ("PPAS")WITH A LARGE US BASED TECHNOLOGICAL COMPANY TO SELL GREEN ENERGY PRODUCED BY 3 SOLAR PROJECTS IN EUROPE AGREEMENT COMPRISES THREE SOLAR PR
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Spain hikes nuclear waste levy by 30%

UPDATE 1-Spain hikes nuclear waste levy by 30% Adds details, context throughout MADRID, June 25 (Reuters) - The Spanish government said on Tuesday it would raise the levy nuclear power plant operators pay to fund the dismantling of plants and nuclear waste management by roughly 30% due to rising storage and disposal costs foreseen in its latest estimates .
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EDP Informs On Publication Of Decree To Extend Electricity Distribution Concessions In Brazil

BRIEF-EDP Informs On Publication Of Decree To Extend Electricity Distribution Concessions In Brazil June 24 (Reuters) - EDP SA EDP.LS : INFORMS ON PUBLICATION OF DECREE TO EXTEND ELECTRICITY DISTRIBUTION CONCESSIONS IN BRAZIL EDP'S STRATEGIC PLAN FOR 2024-2026 PERIOD FORESEES INVESTMENT OF C. R$4.5 BILLION (€0.8 BILLION) IN ELECTRICITY DISTRIBUTI
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