As many analysts preached the virtues of specialisation, EGP was a model of technological diversification — active in wind, solar, hydro, geothermal and biomass. And while others retrenched and focused their investments in “core” markets, EGP steadily increased the number of countries in which it operates. And unlike some other utility-owned renewables developers, EGP maintained its status as a separate traded company, and steadily grew its capital expenditure by increasing cash flow from operations.
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