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EDP has inaugurated its first renewable energy project in Chile. The Punta de Talca Eolic wind farm is in the Ovalle District in the north of the country. The park has 14 Eolic wind turbines with [...]

Portuguese bank Novobanco has sold a 40% stake in the Portuguese transport concession company Lineas Concessões de Transportes for “well over the book value” of €52.6 million. The [...]

Portugal’s GDP grew 1.5% in Q1 of this year after having increased 2.1% in the previous quarter according to the National Statistics Institute (INE). It states that internal demand fell 0.9% from [...]

The property consultant Cushman & Wakefield is to take over the management of the Jardins Sottomayor portfolio in Portugal. The company will manage several assets totalling 35,000m2 located [...]

The Portuguese government will have to pay €228 million to compensate investments made by energy giant EDP over a dam project that was cancelled.  And worse is that the cancellation made by the [...]

The company that manages Portugal’s 11 main airports, ANA – Aeroportos de Portugal, posted a net profit of €416.7 million for 2023. The result exceeded the €333.9 million in profits from [...]

Altice Portugal revenues rose 0.6% in Q1 2024 like-for-like on 2023 to €704 million driven by a solid growth in operational results by fixed-mobile convergence, an expansion in its ‘core’ telco [...]

The Portuguese startup Control Space, which has five storage facilities in Portugal with 2,000 storage units for individuals and companies, has netted around €50 million to invest in growth and [...]

The Portuguese luxury residential tourism group Ando Living, which specialises in developing and managing serviced apartments, has announced a major expansion plan into five new European markets [...]

The Bank of Portugal has warned that high interest rates and continued geopolitical tensions with Russia over Ukraine, China over trade, and the war against Hamas in Israel are continuing to [...]