GS Utilities Daily: Naturgy: Good capital deployment could lead to +7% EPS CAGR to 2031 // GS Renewables Barometer: US orders & Offshore

Research evidence excerpt

GS Utilities Daily: Naturgy: Good capital deployment could lead to +7% EPS CAGR to 2031 // GS Renewables Barometer: US orders & Offshore

Goldman Sachs GS Utilities Daily

EDPR signed a Sale and Purchase Agreement with PLT Energia, to sell a 100% equity

stake in a 68 MW wind and solar portfolio in Italy for an estimated enterprise value of

€0.15 bn, subject to customary final price adjustments at closing. The transaction

implies a €2.2 mn/MW multiple. The portfolio comprises five operating contracted

plants located in southern regions of Italy. Four of these are wind projects, totalling 60

MW, benefiting from 20-year CfDs and with an average asset life of 11 years. The one

solar project of 8 MW benefits from a 10-year PPA and has an average asset life of less

than one year. Source: Press Release

Vestas Secures 451 MW in Onshore Wind Orders Across Europe and Japan

Vestas has announced ten new onshore wind turbine contracts across the EMEA and

APAC regions, representing a combined capacity of 451 MW. This portfolio consists of

five projects in Germany totalling 142 MW and five projects totalling 309 MW across

Poland, Romania, Latvia, Eastern Europe, and Japan. These contracts utilize different

Vestas turbine models including V126, V136, V150, V162, V163 and V172 variants, and

are supported by long-term service agreements ranging from 10 to 30 years. Deliveries

and commissioning are scheduled to take place between 2027 and 2029. Sources: Press

Release, Press Release

NESO update Beyond 2030 recommendations, representing £89bn of transmission

investment

The UK National Energy System Operator (NESO) released its Beyond 2030 - Electricity

Transmission Report today. This is an update from the NESO to its “Beyond 2030”