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Portugal
20 January 2021

EDP Portugal Changes Board and Rethinks Strategy
After 15 years as CEO of EDP, Antonio Mexia is being replaced by Miguel Stilwell de Andrade, who announced the drafting of a new strategic plan.
15 January 2021

China Three Gorges to Sell EDP Portugal Shares Worth EUR 500 million
China Three Gorges (CTG) will sell shares representing  up to 2.52% of the capital of Portugal's main utility, EDP, worth more than EUR 500 million.
13 January 2021

EDP Renováveis Gets EUR 112 million to Build Two Wind Farms in Portugal
EDP Renováveis S.A. (EDPR) will get EUR 65 million from the The European Investment Bank (EIB) and another EUR 47 million from BPI bank, to finance two onshore wind farms in Portugal.
11 January 2021

China Communications Construction Company Closes in on Mota-Engil Acquisition
Mota-Engil, the largest Portuguese construction company, formally approved the capital increase that will culminate with the entry of new shareholder China Communications Construction Company (CCCC).
05 January 2021

Portugal’s EDP to Buy 40% of Brazilian Solar Energy Firm Blue Sol
EDP Energias do Brasil SA, owned by Portugal's EDP group, has signed a deal to acquire a stake of up to 40% in the Brazilian solar energy firm Blue Sol Participacoes.
04 January 2021

Portugal’s Mota-Engil Wins Contract Worth USD 570 million in Ghana
Mota-Engil, the Portuguese construction company entering a strategic partnership and investment agreement with China Communications Construction Company (CCCC), has won a USD 570 million contract in Ghana.
02 January 2021

Portugal Gets EUR 45 Billion From EU For Post-Pandemic Stimulus
The EU has equipped itself with a new ‘Marshall Plan’, worth EUR 1.8 trillion, to tackle the pandemic economic crisis, with more than EUR 45 billion allocated to Portugal.
29 December 2020

Portugal’s Real Estate Developers Ready to Work With Government on ‘Modern’ Golden Visa Program
Portugal's Association of Real Estate Developers and Investors (APPII) says the end of the 'Golden Visa' program in the country's two main cities, Lisbon and Porto, will hurt foreign investment and is willing to work with the Government on 'modernizing' the scheme. 
16 December 2020

Portugal´s Forall Phones Sold to ‘China-Linked’ Businessman
Forall Phones, an electronic equipment company from Portugal, was sold this week to a Portuguese private investor with connections to China, for an undisclosed amount. 
06 December 2020

Indian Real Estate Group Sugee to Invest EUR 150 million in Portugal
Indian real estate developer Sugee intends to invest in Portugal around 150 million euros in housing projects starting next year.
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