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EDP Renováveis

Company nameEDP Renováveis S.A.
Company typeSociedade Anónima
IndustryRenewable energy
Founded2007 (as separate company)
HeadquartersMadrid, Spain
Key peopleAntónio Mexia (Chairman), Ana Maria Fernandes (CEO)
ProductsWind energy
Revenue-947.6 million (2010)
Operating income-289.9 million (2010)
Net income-80.2 million (2010)
Total assets-12.84 billion (end 2010)
Total equity-5.394 billion (end 2010)
Employees833 (end 2010)

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EDP Renováveis ( ) is a leading renewable energy company headquartered in Madrid that designs, develops, manages and operates power plants that generate electricity using renewable energy sources.

EDPR was established in 2007 to hold and operate the growing renewable energy assets of parent company Energias de Portugal (EDP Group), Portugal´s largest utility company headquartered in Lisbon. EDP Renováveis is the third-largest generator of wind energy globally (after Iberdrola Renovables and NextEra Energy Resources).

EDPR´s business currently includes wind farms and, to a limited extent, mini-hydro energy activities. The company has also said it is actively exploring opportunities in other renewable energy technologies.

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