EDP Brasil has posted profits of €840 million Reais (€137M) for the first half of 2021. The amount was an increase of 65.3% like-for-like on 2020 (BRL508 million or €83.2million). The first half [...]
A former president of the American Chamber of Commerce in Portugal, Sofia Tenreiro, will join two other senior management figures at Portuguese energy company Galp who are to quit. Galp announced [...]
The wholesale price of electricity on the Iberian energy market has hit an all-time record, making electrical power costlier in Spain and Portugal than nearly anywhere else in Europe. On Tuesday, [...]
The Portuguese Government’s announcement that it would effectively interfere in fuel prices by fixing profit margins has stirred up a hornets’ nest with sector companies. The Minister for the [...]
The value of shares in renewable energy company Greenvolt soared by 24% on their Lisbon stock-market debut this week. The list price was up 24.47% to €5.29 and more than 50,000 shares have [...]
The new president of the Executive Commission of Galp has bought a share in the company, totalling 25,323 shares for €243,000 according to notice from the stock market regulator CMVM. In the same [...]
Three months after considering floating on the stock market, the renewables company GreenVolt which is owned by Altri and run by ex-EDP Renewables president Manso Neto, could be bought out in [...]
Portugal’s oil and gas company Galp is studying the prospect of developing two gigawatts in power outside the Iberian peninsula. The company’s strategy is to transfer 50% of its renewable assets [...]
The Portuguese oil and gas company Galp is to reduce its investment by 20% per annum to 2025 according to Jornal Económico. It will invest between €800 to €1Bn per annum in the next few years [...]
GreenVolt, the green energy arm of Altri, which is led by former EDP Renováveis CEO João Manso Neto, has completed an agreement to acquire 70% of Profit Energy, a company dedicated to the solar [...]
