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Iberdrola gets EU loan for 1.2 GW hydropower in Portugal

The European Investment Bank will provide a EUR 650m loan to Spanish utility Iberdrola to support a three-dam hydropower project in Portugal, totalling 1,158 MW in capacity that will be operational in 2023, according to a statement on Monday.

read more... 24/07/2018

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EIB to back renewables in Belgium, Spain, Portugal

The European Investment Bank (EIB) has approved more than EUR 3.4 billion (USD 3.96bn) in financing for clean energy projects globally, among which is an offshore wind farm in Belgium.

read more... 19/07/2018

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China set to fully control Portugal’s power grid amid Europe’s inertia

China is set to make further inroads into European infrastructure, as a state-owned company attempts to gain full control of Portugal’s power grid.

read more... 18/07/2018

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Record renewable energy produced in Portugal

Portugal generated more power from green sources than it needed last month.

read more... 05/04/2018

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Portugal’s EDP Renovaveis forecasts its EBITDA to grow by 10% this year

Portuguese wind power company EDP Renovaveis (EDPR) forecasts its earnings before interest, taxes, depreciation and amortization (EBITDA) to grow by 10% this year, after reporting weaker than expected 3% growth for 2016, to 1.17 billion euros.

read more... 01/03/2017

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