After securing a private placement of €9 million, CorPower has extended its equity funding to €20.3 million, for the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech VC, family offices and private investors. Pareto Securities acted as Sole Manager and Bookrunner in […]
The postponement of changes to Portugal’s Golden Visa programme has provided a positive benefit in attracting overseas investment according to the real estate consultants Worx. New rules that should have come into force on 1 July 2020 which would have restricted the property aspect of the programme to areas outside Lisbon, Porto and parts of […]
The Portuguese government has already spent €4.6Bn in State aid to offset the economic impact of the pandemic. Between an increase in expenditure and loss of revenues, the amount represents around 2% of GDP. The lion’s share of the money was spent on the National Health Service (SNS), job protection and State aid to companies […]
The Bank of Portugal does not agree with a decision by the Competition Court which absolved the auditing consultancy KPMG and five of its associates from cooking the books at the large private bank BES which subsequently collapsed in 2014, warning that it could lead to a backward step in supervision and regulation given recent […]
Ascendi manages infrastructure assets and provides toll collection and operation & maintenance services. Ascendi is a leader in its own market with majority interests in 6 Portuguese road concessions and an integrated management approach.
Their mission is to promote efficiency, innovation and sustainability in the operation and maintenance of road mobility infrastructures ensuring convenience for customers while creating value for their shareholders.