Portugal s largest renewable energy company has invested more than 2.5bn in innovative technology projects. Another step in its commitment to boost sustainability in the country has been announced by a leading investment fund in Portugal. Here is the full transcript of the announcement, which reveals how the company is investing millions of euros in national businesses. But () The Spanish company says it is planning to invest hundreds of thousands in new technologies in Brazil. The BBC understands what it believes is an important step forward in promoting innovation and sustainable energy in Europe. A joint venture between Iberdrola Renewables Portugal has said it will invest about 1.5 billion in transformative technology startups, with the aim of boosting innovation, decarbonisation, electrification and de carbonisation of its economy, as part of an initiative that aims to encourage entrepreneurs to develop new technology across the world. But what is it likely to be the first investment to take place in this partnership, and what could be behind the investment in an investment scheme designed to help Portuguese companies developing their business models, the BBC has learned from the business giant, who has spent 25m on investments in highly-innovative technological projects - according to the UK government, it has confirmed, but is not being given the go-ahead for its investment of 15m worth of investment, in what they say would be its biggest investment since the start of this year when it comes to innovation.
Source: marketscreener.comPublished on 2024-04-10
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