Our footprint and history

 

OUR GLOBAL PRESENCE

EDPR is a leading renewable energy company, an expert in the development, construction and operation of wind farms.

Incorporated in 2007 with the clear objective of supplying a growing number of geographies with CO2 free and renewable energy, EDPR has quickly grown to become a global company and a front-runner in this market. With an installed capacity of 8.0 GW and 18.4 GWh generated in 2012, EDPR is the third largest producer of wind energy in the world.

EDPR’s business is organized in three platforms (Europe, North America and Brazil) and is present in 11 countries. These platforms are complemented by a net of country and regional offices that provide “on the ground” expertise and proximity to local stakeholders. This provides a perfect balance between the global view necessary to further develop its leadership in global renewable energy, and the local approach that is critical for the successful development of our wind farms and solar plants. The close relationship with landowners, municipalities, regulators and other key stakeholders is crucial and a cornerstone of EDPR’s success.

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OuR GROwTH STORY

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6 GEOGRAPhIES, 2.9 GW INSTALLED

In the first months of 2007 EDPR, already counted with Portugal, Spain, France and Belgium as part of its growing portfolio, and would shortly after add 2 more. In March, EDP acquired horizon Wind Energy a leading US wind developer with 559 gross operating MW and a sizable pipeline of projects. Later in the year Poland would be added to the list through the acquisition of a quality pipeline.

BRAzIL, ROMANIA AND ThE LARGEST IPO IN WESTERN EUROPE

In 2008, EDPR entered the Brazilian and Romanian markets through the acquisition of local wind developers. These acquisition set the base for strong future growth in both geographies. In July, EDPR held the largest IPO in Western Europe in that year, raising 1.6 billion euros and providing the required proceeds to execute its ambitious growth strategy.

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5.6 GW INSTALLED WITh STRONG GROWTh

In 2009, EDPR saw strong growth throughout its portfolio, with 1.2 GW added during the period. A milestone was reached in Poland with the completion of one of the country’s largest wind farms (120 MW). Financial performance followed suit with Revenues breaking the 700 million euro mark for the first time.

UNITED KINGDOM, ITALy AND CANADA

In 2010, EDPR saw strong growth in its global portfolio having added 1.1 GW throughout the year. Additionally, EDPR was awarded 1.3 GW of offshore wind capacity in the UK, marking its entry into this new market and challenging technology. Entry into the Italian and Canadian markets were also important milestones for the company during this year.

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REVENUES OF 1 BILLION EUROS AND ThE CTG PARTNERShIP

As a result of EDPR’s strong growth and top level efficiency, revenues reached the landmark figure of 1 billion euros in 2011. EDPR’s major shareholder (EDP) also established a strategic partnership with China Three Gorges, including renewable energy generation initiatives to be carried out by EDPR. This partnership set out the ground rules for the sale of minority stakes in EDPR’s wind farms, joint development of renewable projects and knowledge sharing initiatives.

SOLAR AND ExECUTION OFASSET ROTATION

In May, EDPR presented its new strategy through 2015. Entering the solar PV market, a goal set for 2014-15, was achieved early through the completion of the 1st solar PV projects (39 MW) in Romania during the 4th quarter of 2013. The completion of the Borealis (US) and CTG (Portugal) asset rotation transactions provide further evidence of EDPR’s capacity to execute its strategic agenda, regarding self-financing and asset rotation.

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