Eneco is reporting stable results for the extended reporting period of five quarters.
Profit after income tax for the 15-month period reached €380m, compared with €272m in the pro forma reporting period 2022 and €209m in 2021
The growth in its renewable energy assets continued and Eneco is on target to double its asset base compared with 2019, it said.
During the reporting period, the company’s installed sustainable capacity grew to 2121MW at 31 March 2023 from 1926MW on 31 December 2021, mainly through solar farms and onshore wind.
A significant development was the completion of the Maasvlakte 2 near-shore wind farm.
The Ecowende consortium (a joint venture of Shell and Eneco) also won a tender for a new offshore wind farm (Hollandse Kust West) with an expected capacity of 760MW.
Eneco and Equinor will also join forces for the offshore wind tenders for the IJmuiden Ver Alpha and Beta offshore wind sites in the Netherlands and Eneco and Mitsubishi Corporation have established a joint venture to develop green hydrogen and associated renewable energy in Europe.