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 [...]
EDP has agreed to sell 51.3% of its tariff deficit for 2024 for €1.1Bn. In recent years electricity tariff deficits have emerged in Spain, Portugal, Greece and in some other Member States. Tariff [...]
The US equity fund KKR is to launch a takeover bid or public acquisition offer for the Portuguese renewables energy company Greenvolt. A €1.1Bn price tag has been mooted for the energy company [...]
The EU Commission has authorised EDP – Energias de Portugal to sell half of the power stations group Aboño to the Corporación Masaveu which holds Oppidum, the second largest shareholder in [...]
The financial results of renewables company Greenvolt led by João Manso Neto, tumbled by 65% to €5.9 million to September. The group’s revenues stood at €268 million, 46% up on the like-for-like [...]
The Spanish power giant Endesa is to invest €700 million on an 800 MW green energy project at Pego near Abrantes in central Portugal. This is according to its new three-year strategic plan (2024 [...]
Spanish companies are heading the list of those interested in bidding in Portugal’s eolic offshore wind power auction. Companies from other countries including the US, Japan, China, Canada, and [...]
Galp Energy closed the third quarter of 2023 with a profit of €210 million, up 12% like-for-like on 2022, but below the €258 million posted in Q2 of 2023. The accumulated results for the first [...]
