The adjusted net profit from EDPR's operations in Europe and the Americas in the third quarter rose by 45% to €160 million compared with the adjusted figure for the same period in 2016, according to the company's results.
EDPR also reported an 11% third quarter rise in revenues to €1.35 billion and a 17% rise in EBITDA to €991 million on the back of a 10% increase in overall production, mainly in the US, and a 10% rise in the average selling price in its principal European market, Spain.
EDPR has installed 827MW of additional wind capacity in North America in the last 12 months and has a further 675MW under construction, mainly in the US and Brazil.
The growing importance of EDPR's American markets was reflected in a rise in their percentage contribution to pre-tax earnings from 37% to 44% in the past year.
