Bloomberg News

EDP Renovaveis Nine-Month Net Climbs as Wind Output Increases

October 26, 2011

Oct. 26 (Bloomberg) -- EDP Renovaveis SA, the renewable- energy unit of Portuguese utility EDP-Energias de Portugal SA, said nine-month profit jumped almost threefold after it increased electricity output from wind parks and extended the useful life of its projects.

Net income climbed to 63 million euros from 22 million euros a year earlier following a 22 percent jump in output, the unit of Lisbon-based EDP said today in a regulatory filing.

To contact the editor responsible for this story: Joao Lima at jlima1@bloomberg.net


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