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        Energy

         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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         Norwegian fund to invest in Portugal
        0
        By Christopher Graeme
        In Energy, Funds, News
        Posted 17 Janeiro, 2024

        Norwegian fund to invest in Portugal

        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 [...]

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         Portugal should have postponed closing coal-fired power station
        0
        By Christopher Graeme
        In EDP, Energy, Green energy, News
        Posted 12 Janeiro, 2024

        Portugal should have postponed closing coal-fired power station

        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 [...]

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         Repsol calls for offshore auction after elections
        0
        By Christopher Graeme
        In Energy, Eolic energy, News, Offshore wind
        Posted 22 Dezembro, 2023

        Repsol calls for offshore auction after elections

        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 [...]

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         EDP sells 51.3% of its tariff deficit for €1.1Bn
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 22 Dezembro, 2023

        EDP sells 51.3% of its tariff deficit for €1.1Bn

        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 [...]

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         US fund to launch takeover bid for renewables company Greenvolt
        0
        By Christopher Graeme
        In Companies, Energy, News, Renewables
        Posted 22 Dezembro, 2023

        US fund to launch takeover bid for renewables company Greenvolt

        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 [...]

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         Brussels gives green light to sell 50% of Aboño to Oppidum
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 18 Dezembro, 2023

        Brussels gives green light to sell 50% of Aboño to Oppidum

        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 [...]

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         Greenvolt results down 65%
        0
        By Christopher Graeme
        In Biofuel, Companies, Energy, Eolic energy, Green energy, News
        Posted 29 Novembro, 2023

        Greenvolt results down 65%

        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 [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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