EDP Renewables operational cash flow up 25%

Madrid, Spain - EDP Renewables announced that in the first nine months of 2011, electricity output increased by 22% YoY to 12.0 TWh.

Over the last 12 months, the company increased its installed capacity by 953 MW, of which 604 MW were added between January and September 2011 (around 75% of expected additions for FY 2011). Year on year, EDPR was able to maintain system-wide load factors of 28%, one of the highest in the industry, underlining the quality and diversification of its operational portfolio. By geographical markets, load factors reached 25% in Europe, 31% in the USA and 34% in Brazil. 9M 2011 revenues and EBITDA both grew 16% in line with strong operating growth, with an EBITDA margin of 71%. Revenues totalled

Source: IWR Online, 27 Oct 2011