Published: 04 November 2019 04 November 2019
At 30 September, EDP Renewables (EDPR) managed an operating portfolio totalling 10.8GW, of which 10.4GW are fully consolidated and 411MW equity consolidated (Spain and USA).
In the 9M19 period, EDPR built 344MW, of which 145MW are located in Europe and 199MW in the US, and initiated the repowering of 24MW in Spain. By the end of the third quarter of the year, EDPR had 1.2 GW of capacity under construction, of which 834W related to onshore wind and 330MW to equity participations in offshore projects.
EDPR posted total revenues of €1,364 million in the first nine months of 2019 (+10% YoY). Other operating income amounted to €276 million (+€211 million YoY). BITDA was up 40% YoY to €1,218 million. Net Profit amounted to €342 million versus €115 million in the 9M18)
The company has already secured 70% of the 7GW target capacity laid out in its 2019-2022 Business Plan.