Renewable energy firm EDPR sticking to US plans despite tax credit cuts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
0mins
Source: Reuters
EDP Renovaveis' Commitment: EDP Renovaveis plans to install up to 1.75 gigawatts of new wind energy capacity in the U.S. by 2026, despite potential cuts to renewable tax credits from a recent budget reconciliation bill passed by the Republican-controlled House.
Future Investments and Legislative Impact: The company's future investments beyond 2027 will depend on the final version of the reconciliation bill, with ongoing discussions in the Senate regarding the preservation of some tax credits to protect investors and jobs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
