Oct 19, 2012 - EDP Renovaveis (ELI:EDPR), the renewable energy unit of Portuguese utility EDP (ELI:EDP), has reiterated its plans for dividend distribution in 2013, CEO Joao Manso Neto said yesterday.
There are no signs and reasons for a change, he added.
Next year, the company will provide payout to its shareholders for the first time.
EDP Renovaveis reported a 12% year-on-year net profit rise to EUR 100 million (USD 130.6m) for the first half of 2012. The company will release its January to September 2012 earnings on November 6.
The chief executive took part yesterday in a conference organised by Portugal's green power association Apren.
(EUR 1 = USD 1.306)
Choose your newsletter by Renewables Now. Join for free!
You have run out of free articles this month. Get more for free
Galp to invest in advanced biofuels, hydrogen at Sines refinery
Solaria secures EIB debt for 5.6 GW of solar in 3 EU markets
Greenvolt revenues jump 23% in H1 2023
Norges Bank in talks to invest in 1 GW of Iberdrola's renewables - report
Hanwha's Q Energy sheds light on European wind expansion plans
Greenvolt to install solar arrays for Portuguese paper goods co Renova