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Spanish steel group Megasa invests 300 ME with photovoltaic unit at its two factories
Business

Spanish steel group Megasa invests 300 ME with photovoltaic unit at its two factories

SAPO Notícias10 September 2026 at 17:55

The Spanish steel group Megasa will invest around 300 million euros in Portugal, the company announced today. This investment includes the construction of a photovoltaic electricity production unit to supply its two factories in the country.

The company is present in Portugal with two steel factories. With this investment, Megasa aims to strengthen its production capacity and advance the energy transition of its industrial operations in Portuguese territory.

The value of 300 million euros represents a significant commitment from the Spanish group in the Portuguese market. The bet on solar energy aims to reduce the energy costs and carbon footprint of its industrial facilities in Portugal.

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