EGP says its 2014-2018 business plan is based on geographical and technological diversification, with the company planning to invest across renewable power sources – hydropower, wind, solar, geothermal and biomass – in a number of new countries.

It currently operates in 16 countries, and has already announced that it is entering Colombia, Peru, Turkey, South Africa and Morocco.

EGP says that of its capital expenditure earmarked for growth, 73% is concentrated in emerging markets, which will account for 2.9GW