12-05-2025
EDP Says It's Confident US Will Keep Tax Credits for Renewables
Portuguese utility EDP SA is confident that tax credits for renewable projects in the US will remain in place under the administration of President Donald Trump, Chief Executive Officer Miguel Stilwell d'Andrade said.
'Obviously there is more pushback now in relation to renewables, but there's an ongoing discussion and negotiation right now in relation to the Inflation Reduction Act in the US,' d'Andrade said in a Bloomberg Television interview with Kriti Gupta and Guy Johnson. 'We continue to be confident that the tax credits, the underpinning of the renewables growth there, will continue to be there for the next couple of years.'
