Imagine the next 50
Letter from Miguel Stilwell d’Andrade
EDP 50 YEARS
IMAGINE
THE NEXT 50
Imagine the path behind us, and what lies ahead.
Five decades on, we celebrate the journey we’ve built and
look ahead to the future we are ready to shape.
“This year, EDP celebrates its 50th anniversary. A milestone that honours our past and, above all, commits us to the future with ambition and responsibility.”
Miguel Stilwell d'Andrade
Chief Executive Officer, EDP Group
Imagine the next 50
Letter from Miguel Stilwell d’Andrade
WEB SERIES
50 Seconds of Imagination
Each episode explores one of five areas shaping EDP’s business through a project showing how ideas become solutions for the future.
From renewable energy to smarter grids, operational excellence, communities and clients, discover how EDP is turning imagination into action.
Five areas. Five projects. Five glimpses of what the next 50 years could look like.
WEB SERIES
50 Seconds of Imagination
Each episode explores one of five areas shaping EDP’s business through a project showing how ideas become solutions for the future.
From renewable energy to smarter grids, operational excellence, communities and clients, discover how EDP is turning imagination into action.
Five areas. Five projects. Five glimpses of what the next 50 years could look like.
EP. 01 - Renewables: a hybrid future at Pracana
Reinventing renewables in Pracana.
Teaser - Where Imagination Takes Us
From people and communities to renewables and innovation, get a preview of the stories featured in the series.
In focus
Explore the stories and ideas behind 50 years of change, and the possibilities shaping the future of energy.
Imagining the next 50 years: energy, geopolitics, and the future of AI
Four leading voices explore the changes already shaping our world
and what they may mean for the decades ahead.
50 years building the future of energy
From electrifying Portugal to becoming a global leader in renewable energy, discover the milestones and ambition that shaped EDP’s first 50 years and the vision guiding the next 50.
50 years that shaped who we are
Discover the milestones, achievements and contributions that have shaped EDP over five decades and helped define who we are today.
50 years, 50 highlights
Every story has a beginning and ours started five decades ago - thanks to the people who built it with
us . Through trials and errors, achievements and milestones, this is the journey that shaped the EDP we
are today.
Explore 50 milestones that carried us forward.
1976
Creation of EDP following the merger of 13 nationalised companies
On 30 June 1976, EDP is created by decree-law following the April 1974
Revolution, merging 13 regional utilities across mainland Portugal.
Launch of the Portuguese electrification plan
The electrification plan launches to bring power to every settlement in
Portugal with more than 50 residents, vital for national progress.
Read more ›
Commissioning of the Sines Thermoelectric Power Plant
Sines thermal power plant enters service (1256 MW) and, by the mid-1990s,
supplies up to one-third of Portugal’s electricity needs nationwide.
Opening of the Electricity Museum in Portugal
Lisbon’s Central Tejo opened as the Museum of Electricity, preserving a
landmark of Portugal’s energy history for the public.
Read more
›
First steps towards internationalisation
EDP takes its first international step in Brazil, by acquiring 21% of CERJ, an
electricity distributor serving Rio de Janeiro.
Launch of EDP’s First Wind Farm in Portugal
Located in Serra das Meadas, between Lamego and Resende, the Fonte da Mesa
Wind Farm marks the beginning of EDP’s wind power generation in Portugal.
Beginning of the first phase of EDP’s privatisation process
EDP’s first privatisation phase sold 29.99% of share capital via a public
offer in Portugal and a direct sale to institutional investors.
Read more
›
Commissioning of the first wind farm in Spain
EDP’s first wind farm in Spain comes into operation, marking the Group’s
growing interest in wind energy.
Incorporation of EDP Comercial in Portugal
EDP Comercial is created to compete in the liberalised market, offering
integrated energy and services to clients.
Read more ›
Incorporation of EDP Distribuição in Portugal
EDP Distribuição is created to manage Portugal’s electricity distribution
grids, through the merger of four utilities.
Read more ›
1st occupational health and safety certification
EDP implemented a safety management system according to the OHSAS 18001
standard to control risks, reduce accidents and improve well-being.
Read more ›
Creation of EDP Innovation
To promote and monitor technological innovations that impact the business,
with a focus on researching new technologies, EDP Innovation is created.
Read more ›
Creation of the EDP Foundation in Portugal
The EDP Foundation is a non-profit institution that supports science, culture,
and social action through projects and patronage.
Read more ›
Acquisition of full control of Hidrocantábrico in Spain
EDP strengthened its stake in the Spanish company HidroCantábrico, marking one
of the largest international investments by a Portuguese company.
Listing of EDP Brasil on the São Paulo Stock Exchange
The IPO required simplifying the corporate structure, a process started in
2000 and completed shortly before the company’s listing.
Foundation of EDP Renewables
Created to drive value, innovation and green energy, the company quickly
became a renewables leader and expanded its presence to Poland.
Entrance in the North American Market
EDP entered the US market by acquiring Horizon Wind Energy, becoming the
world’s fourth-largest wind energy producer at the time.
Read more ›
Creation of the EDP Institute in Brazil
By engaging stakeholders across social, environmental, cultural and sports
areas, the institute strengthens the EDP Group’s impact in Brazil.
Read more ›
1st recognition in the Dow Jones Sustainability Indexes
EDP is one of the 12 best electric utilities listed in the DJSI worldwide and
one of the 7 top electric companies in Europe.
Read more ›
EDP Renewables IPO and listing in Euronext Lisbon
The Group launched the IPO of EDP Renewables on the Lisbon Stock Exchange,
placing around 25% of its capital and marking its entry into the public market.
Read more ›
Commissioning of the Lares Thermoelectric Power Plant
Commissioning of the Lares Combined Cycle Power Plant, located in Coimbra,
Portugal, with 862 MW of capacity.
Launch of pilot Access to Energy project in a refugee camp
EDP and UN launched a pilot project in Kakuma, Kenya, delivering solar and
wind energy to over 50,000 refugees.
Read more
›
Launch of Access to Energy program in developing countries
The A2E Fund promotes access to clean, affordable and reliable energy, with
projects in 5 sectors: education, health, water, community and businesses.
Read more ›
Inauguration of WindFloat, the first offshore wind farm in Portugal
The 25 MW floating platform is the first pile-free offshore wind project using
a semi-submersible platform in open Atlantic waters.
Read more ›
1st recognition by Ethisphere
EDP was first distinguished as one of the world's most ethical companies in
2012, and we have renewed this recognition every year since.
Read more ›
Commissioning of our first solar plant in Romania
EDP inaugurates its first solar photovoltaic plant in Romania, adding 39 MW of
solar capacity.
Full privatisation
On February 14th, EDP became officially 100% private following a privatisation
process that lasted 17 years.
Read more
›
From Fundación HidroCantábrico to Fundación EDP
Fundación EDP in Spain is created, advancing energy and environmental
knowledge through education, research and social innovation.
Read more ›
Inauguration of EDP’s new headquarters in Lisbon
The modern, award-winning building is recognised for its efficient and
sustainable design in a prime location between the hills and the river.
Opening of MAAT (Museum of Art, Architecture and Technology)
This cultural space in Lisbon, Portugal, promotes international dialogue,
inspires creative innovation and bridges history with contemporary visions.
Read more ›
Commissioning of Venda Nova III Hydro Power Plant
With an installed capacity of 756 MW, it is a key infrastructure for the
security of the Portuguese power system and the integration of wind energy.
1st Top Employer recognition
EDP has been recognised every year since as one of the best companies to work
for in several countries
Read more ›
Acquisition of Spanish energy company Viesgo with Macquarie
The deal added 52k km of grid, 1.3M supply points and 0.5GW of renewables,
strengthening EDP’s leadership in the energy transition.
Read more ›
Launch of Ocean Winds, an EDPR and Engie offshore wind joint venture
A joint venture focused on fixed and floating offshore wind, created to scale
global projects and rank among the world’s top five operators.
Read more ›
Closure of Sines Thermoelectric Power Plant
The plant’s shutdown ended coal use ahead of national targets, cutting around
12% of Portugal’s greenhouse gas emissions and reducing key pollutants.
Read more ›
Acquisition of 85% stake in US solar company C2
The acquisition adds 89MW of distributed solar and marks EDPR’s entry into the
distributed generation segment in the United States.
Read more ›
Auction win for Celg-T transmission network
EDP acquired 100% of Celg-T’s 756 km grid and 14 substations in Goiás,
reinforcing its strategic growth in transmission networks in Brazil.
Read more ›
Reinforcement of presence in Asia-Pacific renewables
EDPR acquired a majority stake in Singapore’s Sunseap, adding 540 MW of solar
and a large renewables portfolio to enter key Asia-Pacific markets.
Read more ›
Production of the first green hydrogen molecule in Brazil
The Ceará pilot facility produced EDP Brazil’s first green hydrogen molecule,
marking progress in scaling renewable H₂ solutions and innovation projects.
Read more ›
Entrance in the German solar market with Kronos acquisition
EDPR acquired a 70% stake in Kronos Solar, gaining a platform in Germany and
the Netherlands and expanding its presence in European renewables.
Read more ›
Launch of a new brand identity
The new global identity reflects the company's ambition to lead the energy
transition and its purpose: our energy and heart drive a better tomorrow
Read more ›
Inauguration of floating solar power plant in Alqueva, Portugal
With almost 12,000 photovoltaic panels, this is the first and largest floating
solar park in Europe in a dam reservoir and a pioneer in hybridisation.
Read more ›
1st EDPR stand-alone battery storage project
The project was acquired from Tupa Energy and supports grid resilience by
providing stability and allowing increased renewables penetration in the UK.
Read more ›
Commissioning of the first hybrid solar and wind energy park
This is the 1st project of its kind on the Iberian Peninsula, combining the
Mina de Orgueirel solar plant and the Mosteiro wind park in Portugal.
Read more ›
Entrance in the Australian market
The acquisition of local renewables company ITP Development enabled wind,
solar and storage energy projects in a high-potential market in APAC.
Read more ›
100% smart meter coverage in Portugal and Spain
Smart meters increase predictability, improve process efficiency, reduce
operating costs and encourage more efficient consumption habits.
Read more ›
Sale of remaining stake in Pecém thermal plant in Brazil
EDP reaches agreement to sell its remaining 20% stake in this coal-fired power
plant, retaining management of the renewable hydrogen project in Pecém.
Read more ›
Achievement of over 15 GW in global PPAs
EDP reached 15 GW of contracted capacity with some of the largest global
companies, reinforcing our position as a trusted energy partner across sectors.
Read more ›
Scaling digital automation across EDP operations
EDP is accelerating the use of automation and robotics to monitor, manage and
maintain assets, while investing in the digital upskilling of our workers.
Read more ›
50th anniversary
This year, we celebrate 50 years of impact, reflecting on all we have achieved
so far and imagining what comes next.
Imagine the Next 50
Nothing exists until it is imagined. For 50 years, EDP has reinvented itself, turning ideas into energy and progress. Today, that same imagination drives us forward, opening the way to build the next 50 years together with those who dare to look beyond.
Time to Give Back
A shared commitment of 50,000 hours brought together EDP employees around the world, who dedicated their time, skills and energy to initiatives that create positive impact, reflecting the company's commitment to giving back.
What started as an anniversary initiative became a global movement, with more than 63,000 hours dedicated to over 200 projects across 16 countries, bringing people and local organisations together around causes that matter to communities around the world.
A legacy of impact
Our data shows how far we’ve come. From local beginnings to a global stage, the distance is measurable, but the starting point of our drive remains the same. What grew wasn’t just the energy itself, but the ambition behind the ideas we committed to build.
0%
TWh
Energy generatedEnergy generated*
0%
GW
Installed capacityInstalled capacity*
0
Operations in Portugal Operations in Europe, Asia-Pacific, North America and South America
0%
Annual investmentAnnual investment*
* Source: FY2025
"If we achieved all this in our first 50 years, imagine what we will accomplish in the next 50."
Miguel Stilwell d'Andrade
Chief Executive Officer, EDP Group
More to explore
50 Light Years
Stories, ideas and projects exploring the future of energy. Subscribe to our Linkedin newsletter.
The Next Five Podcast
Hear insights from Miguel Stilwell d’Andrade, José Manuel Durão Barroso and Mo Gawdat on AI, energy and geopolitics in the first episode of the FT Partner Content Power Shifts mini-series.
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