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Owners of the former Siderurgia Nacional invest 300 million to reduce energy bill
Business
Инвестиции
PortoSetúbal

Owners of the former Siderurgia Nacional invest 300 million to reduce energy bill

Jornal de Negócios11 September 2026 at 07:00

The Spanish group Megasa, owner of the former Siderurgia Nacional, is preparing a 300 million euro investment to generate electricity for its factories in Portugal, located in Seixal and Maia. The main objective is to significantly reduce the energy bill of these industrial units.

The announcement of this investment comes after the Energy Minister announced there will be new support for Portuguese electro-intensive industry, aimed at compensating for costs associated with CO2 emissions. This measure aims to make Portuguese industrial companies more competitive against European competition.

Siderurgia Nacional was one of the largest steel companies in the country, having ceased its operations in 2015 after decades of operation. Megasa, which holds the former assets of the company, is now investing in the modernization and energy sustainability of the facilities it owns in Portuguese territory.

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