EDP Says US Renewables ‘More Stable’ After Offshore Wind Setback

Portuguese utility EDP SA says the outlook for investing in US renewable energy has become significantly clearer, easing concerns that followed the first months of Donald Trump’s presidency.

“The situation has become much more stable,” Chief Executive Officer Miguel Stilwell de Andrade said on Tuesday in a Bloomberg Television interview in New York. “There was a lot of uncertainty, certainly at the beginning of the year, in terms of the policies. Now at least we have visibility, with the Big Beautiful Bill.”