EDP Renewables’ revenues increased 16% year-on-year in the first nine months of 2015 to €1.1bn on the back of higher volumes and prices.

EBITDA increased by 22% YoY to €782m, while net profit was €100m up from €53m in the first nine months of last year.

Over the last 12 months, EDPR added 616MW to its installed capacity, of which 70% is located in the US.

The company said that, as of 30 September 2015, it had a global installed capacity portfolio of 9.2GW spread over 10 countries.