By Sergio Goncalves

LISBON (Reuters) – EDP Renovaveis, the fourth-largest wind energy producer in the world, is feeling “very optimistic” about its growth in the U.S. market now that much of the regulatory uncertainty from last year has been cleared up, the company's CEO shared in an interview with Reuters on Wednesday.

In January 2025, President Donald Trump issued an order for federal agencies to stop issuing any new approvals for offshore wind projects and to rethink current leases, which delayed several investments.

Miguel Stilwell de Andrade, who leads both EDPR and its parent company EDP, mentioned that although the initial reaction was one of significant risk, “over the past year, there has been a major clarification of the entire regulatory framework in the U.S. … easing uncertainty.”

“As a result, we had a strong year of growth in 2025, and we expect good years ahead in 2026 and beyond in the United States. We are very optimistic,” he stated.

EDPR reported earlier on Wednesday that its recurring net profit increased by 50% in 2025, largely due to robust growth in the U.S. market, which accounted for half of the 2 gigawatts of new capacity the company added across its operations in 28 countries.

Stilwell de Andrade noted that the rising demand for electricity in the U.S., driven by data centers and reindustrialization, is supporting investment, with “solar and battery storage being the quickest and most cost-effective technologies to implement.”

“There is some resistance to offshore wind, but on the other hand, we are seeing solar and batteries grow rapidly,” he added.

He also mentioned that the company does not currently have any active plans for mergers or acquisitions.