Portuguese renewables giant EDP Renewables (EDPR) has reported a 39% increase in its profit for the first quarter of the year, amid higher revenues and increased capacity.
EDPR saw a profit of €94m ($111.6m) for the first three months of the year, compared to €68m a year ago. Revenues in the period were €528m.
Earnings before interest, tax, depreciation and amortisation were reported at €381m for the quarter, a 2% increase compared to the first quarter of last year.
