# EDP Renewables Recurring Profit Rises 133% to €439 Million on Asset Sales

> EDP Renewables posted €439 million in recurring net profit for the first nine months of 2026, up 133%.

- Published: 2026-11-05T02:15:22+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-05/edp-renewables-recurring-profit-jumps
- Source: [Yahoo](https://finance.yahoo.com/energy/articles/edp-renewables-recurring-profit-jumps-015000840.html)

## Key takeaways

- EDP Renewables reported recurring net profit of €439 million for the first nine months of 2026, up 133% from €189 million a year earlier.
- Gains from asset sales rose to €333 million from €59 million, while underlying EBITDA excluding those gains grew approximately 4%.
- North American electricity production rose 9% to approximately 19 TWh, about 61% of the company's total generation.

[EDP Renewables](https://akta.pro/company-profiles/0000plj/edp-renewables) reported recurring net profit of €439 million for the first nine months of 2026, up 133% from €189 million a year earlier, as asset sales and stronger North American operations lifted earnings. [Yahoo](https://finance.yahoo.com/energy/articles/edp-renewables-recurring-profit-jumps-015000840.html) published the figures on November 5, 2026.

## How Asset Sales Lifted EDP Renewables Earnings

Reported net profit attributable to shareholders more than quadrupled to €440 million from €107 million in the same period of 2025. Recurring EBITDA rose 23% to €1.73 billion, and reported EBITDA climbed 46% to €2.03 billion.

Gains from asset sales reached €333 million, up from €59 million a year earlier. Excluding those gains, underlying EBITDA increased approximately 4%.

Organic cash flow rose 74% to €795 million from €458 million. Net cash flow from operations increased 30% to €1.14 billion, and capital expenditure fell 16% to €1.36 billion. Net debt stood at €8.35 billion at the end of September, compared with €8.11 billion at the end of 2025.

EDP Renewables generated 30.9 TWh of electricity in the nine months, up 2%. North American production rose 9% to approximately 19 TWh, about 61% of total generation. European output fell 7% to 7.9 TWh and South American generation dropped 11% to 2.7 TWh. Utility-scale solar generation increased 11% to 7.7 TWh, distributed solar rose 17% to approximately 1 TWh, and onshore wind slipped 1% to 22.2 TWh. Installed capacity reached 20.5 GW at the end of September, approximately 4% higher than a year earlier.

## EDP Renewables Capacity and Ownership Records

EDP Renewables is the world's fourth-largest wind energy producer, with 20.5 GW of installed renewable capacity across 28 countries, according to akta.pro [company records](https://akta.pro/company-data). The same records list a 49% stake in its US renewable portfolio acquired by Ares Management for approximately $2.9 billion in October 2025, and a 20.25% stake in the French Yeu et Noirmoutier offshore project sold to Allianz for €200 million in December 2025.

## Battery Storage and Stake Sales Before the Results

In August 2026, EDP Renewables, Tucson Electric Power and EDF Power Solutions North America advanced or completed battery energy storage projects in California, Arizona and Nevada, Energy-Storage.News reported. In July 2026, EDP Renewables completed the sale of a minority stake of approximately 15% of its equity to Ares Infrastructure Equity Fund after a competitive bidding process, with financial terms not disclosed, AInvest reported. Also in July 2026, the company announced plans to sell an 80% stake in a 384 MW US solar portfolio to an undisclosed buyer, with the transaction expected to close by the end of 2026, AInvest reported.

## EDP Renewables Solar Portfolio Sale Closing

The planned sale of the 80% stake in the 384 MW US solar portfolio is expected to close by the end of 2026, AInvest reported.

## Companies in this story

- [EDP Renewables company profile](https://akta.pro/company-profiles/0000plj/edp-renewables) · website: http://www.edpr.com

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