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        Energy

         Millennium BCP signs renewable energy contract with Greenvolt
        0
        By Christopher Graeme
        In Banks, Energy, Green energy, News, Solar energy, Solar Parks
        Posted 29 Abril, 2024

        Millennium BCP signs renewable energy contract with Greenvolt

        Portuguese high street bank Millennium bcp has signed a contract with the renewables Greenvolt group to be directly supplied with electrical energy derived from photovoltaic self-consumption [...]

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         Greenvolt takeover: Altri and key shareholders to be replaced by US fund KKR for early bond payout
        0
        By Christopher Graeme
        In Company takeovers, Electricity and Gas, Energy, News, Renewables
        Posted 23 Abril, 2024

        Greenvolt takeover: Altri and key shareholders to be replaced by US fund KKR for early bond payout

        The top brass at Portuguese renewables company Greenvolt have called bondholders who bought bonds in two issues (2022-2027 and 2021-2028) to two meetings of its general assembly on May 14 to [...]

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         No further Sines project cancellations expected
        0
        By Christopher Graeme
        In Energy, Green Deal, Green energy, Green hydrogen, News
        Posted 22 Abril, 2024

        No further Sines project cancellations expected

        Portugal’s overseas investment bureau AICEP and its industrial site management company AICEP Global Parques do not foresee any further green energy project cancellations after a green hydrogen [...]

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         Concessions competition model “not economically viable” says EDP boss
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 19 Abril, 2024

        Concessions competition model “not economically viable” says EDP boss

        EDP CEO Miguel Stilwell de Andrade has been voted in for a second three-year term at the helm of Portugal’s electricity and renewable energy giant. In 2023, EDP registered record profits of [...]

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         Wind power licence auctions could be held by the end of the year
        0
        By Christopher Graeme
        In Energy, News, Offshore wind, Renewables
        Posted 15 Abril, 2024

        Wind power licence auctions could be held by the end of the year

        The boss of a Portuguese renewable energy association says pledges by the previous government to hold an auction to sell offshore wind farm exploration rights by June are “unrealistic”. Pedro [...]

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         KKR agrees swap with Mediobanca to buy 19.9% of Greenvolt
        0
        By Christopher Graeme
        In Companies, Energy, Funds, News, Renewables
        Posted 8 Abril, 2024

        KKR agrees swap with Mediobanca to buy 19.9% of Greenvolt

        The Lisbon-based special purpose investment vehicle GVK Omega created by the fund KKR to acquire Greenvolt and take it off the stock market, has instructed Mediobanca to buy shares in the [...]

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         Greenvolt profits fall 93% to €1.2 million in 2023
        0
        By Christopher Graeme
        In Energy, News, Renewables
        Posted 27 Março, 2024

        Greenvolt profits fall 93% to €1.2 million in 2023

        Renewables energy company Greenvolt posted a net result of €1.2 million for 2023, a fall of 92.9% according to a note sent to the Portuguese securities market commission CMVM this week. The [...]

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         Octopus Energy to invest €100M in Portugal
        0
        By Christopher Graeme
        In Energy, Green energy, News, Renewables
        Posted 29 Janeiro, 2024

        Octopus Energy to invest €100M in Portugal

        Octopus Energy Group, a British energy supply company that provides 100% green energy to around 5 million UK homes and businesses, is to invest around €100 million in the Portuguese market in [...]

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         Galp strikes oil in Namibia
        0
        By Christopher Graeme
        In Energy, Galp, News, Oil and Gas
        Posted 22 Janeiro, 2024

        Galp strikes oil in Namibia

        Portugal’s petroleum and natural gas company Galp has confirmed this month that it has discovered oil off the coast of Namibia at its Mopane – 1x well. The company had already begun [...]

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         Aurora Lithium looks to Brussels funds
        0
        By Christopher Graeme
        In Companies, Energy, Investment, Lithium power, News
        Posted 19 Janeiro, 2024

        Aurora Lithium looks to Brussels funds

        The CEO of Aurora Lithium – the company that plans to build a lithium refinery in Portugal – Manuel Sousa Martins, whose total investment value is between €700-800 million, hopes to [...]

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