This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Fersa energías renovables crecerá un 28% este año y anuncia resultados positivos para el 2010
FERSA renewable energies will grow 28% this year and announces positive results for 2010
22/10/2009
October 22, 2009
FERSA renewable energies, which predicts an increase of 28 per cent of its operating profit at the end of the year, provided that this upward trend will improve even more for next year. Sources of the company have announced that you for the year 2010, the Ebitda (gross operating result before interest, depreciation and corporation tax) will oscillate between 35 and 40 million euros. As a result, the income will be among the 20 to 25 million euros for the current year, compared to 21 million in 2008. By the year 2010, income repuntarán forming a fork of between 50 and 55 million. The main shareholder of Fersa is Enhol (wind of Navarre) with a
22.4%, followed by Comsa Emte (7.7%), Catalana Occidente (7.5%); BCN
Godia (4.6%), Caja Granada (4.1%) and Mytaros (4%).
Until 2010, the company's strategic plan includes the installation of new 255 megawatts (MW) of wind power, of which 39 per cent will go to the India, a 47% to Spain, 9 per cent to Poland and 5 per cent to Estonia. The new megawatts, 13 are installed this year and 242 in 2010. One of the objectives of the energy company is diversifying the regions in which it operates to reduce risks and find attractive markets for renewables. For example, in Spain installed power of Fersa portfolio will increase from 69% to 55%. Currently, the company has with 138 wind megawatts in operation, 79 in construction, authorized 986 and 1,620 megawatts in promotion. The project portfolio totals - installed and ongoing – is 2.823 megawatts.
