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Business news, startups, investments, and corporate developments in Portugal.

Wind turbines on green rolling hills under a cloudy sky, symbolising Portugal's energy transition

Eleven Gas Distributors Pitch a €406.8 Million Network Build-Out for 2027–2031 as GEOTA Brands New Pipelines a 'Scandalous' Bet on Stranded Assets

Portugal's 11 gas distribution operators have asked the regulator ERSE to approve €406.8 million of grid investment for 2027–2031 — 61% of it on new connections — as the environmental group GEOTA calls the fossil-gas expansion 'scandalous' and warns of stranded assets.