Portuguese developer EDPR recorded a 75% year-on-year increase to its net profit in the first quarter of the year.
Its bottom line rose to €66 million for the first three months of the year, due to increased revenue in the period. The revenue increase was the result of additional capacity and higher renewable resources, EDPR explained.
The renewable energy firm’s fully operating base increased 12% to 14GW, while output rose 14% to 9.2TWh.
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