Portugal-based bank Espírito Santo Group, through its €75m ($97m) venture capital fund Espírito Santo Ventures III, has invested up to €7m in local solar power group MagPower – Soluções de Energia. Joaquim Sérvulo Rodrigues, chief executive of Espírito Santo Ventures, said: "In our investments, we look for technology-based projects that have the ambition to access…
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