EDP Renewables investing $4 billion in U.S. wind market

Los Angeles, November 19, 2009 — Portuguese renewable firm EPD Renewables plans to invest $4 billion in the American wind market over the next three years.

EPDR is the wind energy arm of Energias de Portugal, and has built most of its new wind turbines in the U.S. The company has installed 2.5 GW of wind capacity in the U.S. to date.

In 2008, the U.S. surpassed Germany in terms of installed wind power capacity, and EPDR cited the U.S. government’s commitment to supporting renewable energy as one factor behind its decision to continue investing in the U.S. market.

The EPDR investment dollars will go primarily toward new projects and manufacturing equipment.

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