12:05 AM EDT, 04/21/2026 (MT Newswires) -- Fitch Ratings maintained the BBB long-term issuer default rating of EDP (EDP.LS), citing the company's recent strategy update. In a Monday note, the rating agency said the Portuguese renewable energy company's update was credit-positive and featured initiatives for net renewable expansion, pipeline visibility, and business profile resiliency. Fitch said the affirmed rating also factored in the moderate execution risk associated with the plan and the company's positions in Portugal and Spain. The outlook on the rating is stable.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.