Energy

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

A Norwegian sovereign fund from Norges Bank – one of the largest sovereign funds in the world — is to step up its investment in renewable energy in Portugal in partnership with the Spanish [...]

The former president of EDP – Energias de Portugal, António Mexia, said this week that given the current energy crisis caused by the war in Ukraine, Portugal would have done well to [...]

The Spanish energy company Repsol believes that the Portuguese government should proceed with offshore wind energy licence auctions after the elections on March 10, arguing that political [...]