• EDP Renewables published the transcript of its 1H26 results call chaired by CEO Miguel Stilwell d’Andrade, joined by CFO Rui Teixeira and IR head Miguel Viana.
• Recurring EBITDA rose 8% to EUR 1.03 billion; recurring net profit increased 33% to EUR 183 million; 2026 recurring EBITDA guidance lifted to EUR 2.2-2.3 billion.
• Asset rotation gains targeted at about EUR 300 million for 2026; two rotations in Italy and the U.S. implied over 40% gains on invested capital.
• Brazil disposal signed for EUR 1.5 billion, covering 1.7 GW; closing expected in Q4 2026; expected EUR 20 million uplift to 2027 net profit.
• Management flagged comfort with 2026 recurring net profit consensus of EUR 450-480 million; net debt guidance maintained below EUR 8 billion at year-end.

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