GS Utilities Daily: Re-pricing the US Renewable Industry and Sector Updates

Key Takeaways

• 1.EDPR upgraded to Buy; EDP upgraded to Neutral, driven by improved outlook for US renewables.
• 2.Pennon Group EPS estimates downgraded by c.17.6% due to higher interest costs and ODI penalties.
• 3.Strong power demand, less competition from oil majors, and rising equipment costs improve US renewable return outlooks.

Table of Contents

• GS Utilities Daily: Re-pricing the US Renewable industry: EDPR upgraded to Buy (EDP up to Neutral) // Pennon: EPS downgrades a
• Research you can't miss from past two weeks
• European Utilities: Re-pricing the US Renewable industry: EDPR upgraded to Buy (EDP up to Neutral)
• Pennon: EPS downgrades a negative, clarity to come at strategic update
• Germany to combine industry energy subsidies
• Other news
• Research you need to read

Report data

Distribution of ratings

Reports in this series

GS Utilities Daily is shown in chronological order through this edition, published on June 11, 2026.

Part of the GS Utilities Daily series — view all 32 editions

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