Acciona to invest 150 million euros to double energy park in Portugal

The company therefore intends to respond to the increase in demand from Portuguese companies and to continue to evolve in its two main business areas: commercialization and production of electricity.

Spain's Acciona will invest 150 million euros in doubling its energy park in Portugal over the next five years, the company announced in a statement sent to the newsroom on Tuesday.

The company, which presents itself as the “largest global producer exclusively dedicated to renewable energies”, says that the investment is necessary to respond to the demand of Portuguese companies, “increasingly committed to sustainability and reducing the carbon footprint of their activities ”.

The reinforcement of Acciona's production capacity in Portugal, until 2025, will be achieved with the implementation of photovoltaic plants, mostly.

According to the general director of the Energy division of Acciona in Portugal, Alexandre Kisslinger, the investment announced is the confirmation “that the growth strategy of the Energy business is a reality, regardless of the unfortunate pandemic crisis”.

Thus, the company hopes to continue to evolve in its two main areas of business: commercialization and production of electricity.

Since 2017, Acciona's commercialization of clean energy has grown on average 30% per year in Portugal.

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