EDP Renewables
Overland Park, Kansas, United States | Energy
EDP Renewables (Euronext: EDPR) is a leading, global renewable energy company devoted to value creation, innovation and sustainability. We operate in markets around the globe and are continuously expanding our business to new regions, making the commitment to lead in each market as well as create value for our stakeholders and shareholders.
EDPR has developed wind farms since 1996 and was first listed publicly in June 2008. EDPR’s global presence is managed by two regional platforms which oversee the development, construction and operation of assets in their geographic areas. EDPR Europe, headquartered in Madrid, manages assets located in the European Union, and other Regions renewable energy assets of the EDP Group and EDPR North America, headquartered in Houston, manages assets in the United States and Canada.
EDPR is committed to operational excellence through high-quality assets and attractive markets which provide highly attractive possibilities, principally due to their growth prospects and stable regulatory structure that permit profit generation.
Energias de Portugal, S.A. (“EDP”), a vertically-integrated utility company, headquartered in Lisbon, Portugal, is the majority shareholder of EDPR. EDP Group is Portugal´s largest industrial group and one of Europe´s primary energy companies. Currently, it is the Iberian Peninsula´s third largest energy operator with business interests in generation, distribution and supply of electricity and gas in Portugal and Spain. Additional to its leadership position in the Iberian Peninsula, EDP Group also holds a significant position in the Brazilian electricity sector.
Company Structure
The organization structure is designed to accomplish the strategic management of the company but also a transversal operation of all the business units, ensuring alignment with the defined strategy, optimizing support processes and creating synergies.
EDPR organizational structure is divided in 3 key elements: a corporate center at the Holding and 2 platforms – Europe & Brazil and North America. Within EDPR Europe & Brazil platform, there are 8 business units, one for each of the countries where the company operates, namely Spain, Portugal, France/Belgium, Italy, Poland, Romania, UK and finally Brazil. Similarly in the EDPR North America platform, there are 3 business units, that represent the operational regions in the continent: West (includes Canada), Central (includes Mexico) and East.
EDPR Holding Role
EDPR Holding seizes value creation, through the dissemination of best practices in the organization and the standardization of corporate processes to the platforms and the business units to improve efficiency. Its internal coordination model and interface with EDP group impacts both the company’s processes – activities performed, processes steps, inputs and outputs, and decision-making mechanisms -, and the company’s structure, with an alignment of functions and responsibilities with the processes configuration.
The EDPR Holding structure was designed to accomplish two fundamental roles: Strategic Management and Transversal Operation.
Strategic Management covers to
a) adopt a coordination model within the group, supporting the Executive Committee in the definition and control of the strategy policies and objectives;
b) define specific strategic initiatives;
c) review the accomplishment of the company’s business plan;
d) define transversal policies, rules and procedures;
e) control key performance indicators.
Transversal Operation deals to
i) ensure the alignment of all the platforms with the defined strategy;
ii) capture synergies and optimize support processes; and iii) systematically and progressively concentrate supporting activities in shared service business units with the group.
| Company Details | |
|---|---|
| Company Name | EDP Renewables |
| Business Category | Energy |
| Address | Overland Park Kansas United States |
| President | NA |
| Year Established | NA |
| Employees | NA |
| Memberships | NA |
| Hours of Operation | NA |
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