EDP Renovaveis Expects To Get $425 Million In US Renewables Aid
29 Juli 2009 - 12:03PM
Dow Jones News
EDP Renovaveis SA (EDPR.LB) said Wednesday it expects to receive
up to $425 million in aid from the U.S. for its renewable energy
projects in the country.
The aid is for renewable installations EDP Renovaveis has up and
running in the first half of this year and the ones currently under
construction, the company said at a meeting with journalists.
EDP Renovaveis added it hopes to get between 50% and 70% of the
funds in 2009.
Web site: www.edprenovaveis.com
-By Juan Montes, EFE Dow Jones; +34 91 395 8120,
juan.montes@dowjones.com