E.ON’s renewables unit posted operating profits (Ebitda) of €870m ($1.16bn) in the six months to June, up 7% on the same period last year.
The wind and solar segment showed 17% Ebitda growth, offsetting a small fall in hydropower earnings.
E.ON said that was due to the success of its “build-and-sell” strategy of selected asset disposals, which CEO Johannes Teyssen said “has definitely paid off”.
E.ON’s
