UPDATE: EDP Renovaveis Boosts 1st Half Electricity Production 33%
July 16 2009 - 6:08AM
Dow Jones News
EDP Renovaveis (EDPR.LB) said Thursday it boosted its
electricity production by 33% in the first half thanks to expanded
installed capacity, primarily in the U.S.
The renewable energy unit of Portugal's Energias de Portugal SA
(EDP.LB) said first-half production rose to 5,253 gigawatt hours
from 3,961 gigawatt hours for the same period a year earlier.
EDPR said its installed capacity rose by 1,455 megawatts in the
first half of this year, a 38% rise from the same period in
2008.
The company said in a filing with the Portuguese stock market
regulator that total additions in the first half of the year amount
to 249 MW, of which 200 MW came from U.S. operations.
EDPR has 1.3 GW under construction, of which 760 MW comes from
Europe and 501 MW from the U.S.
EDPR will release its first-half financial results July 29.
Company Web Site: www.edprenovaveis.com
-By Madrid bureau, Dow Jones Newswires; +34-91-395 8120;
djmadrid@dowjones.com;