EDP Renováveis 1Q2008 Results

Gross Profit generated in the quarter amounted to €155.5 million and EBITDA was €125.5 million. In terms of EBITDA margin, EDPR achieved superior margins in all countries where it operates driving to an 81% EBITDA margin at the consolidated level. EDPR's estimates to install on average 1.4 GW per year to meet its target of increasing installed wind capacity to more than 10.5 GW by 2012.