Luís Fábrica, formerly investment associate at the energy group’s CVC group, has been promoted after four years at the unit.

Luís Fábrica

Portuguese utility company EDP has promoted Luís Fábrica to investment manager for its corporate venture capital arm, EDP Ventures.

Founded in 2008, EDP Ventures invests in early to late-stage companies in the renewable energy and sustainability sectors. Grid, green hydrogen, AI, energy storage and mobility are among the unit’s focus areas.

Fábrica joined EDP Ventures in early 2020 as an investment associate. He sits on the boards of portfolio companies including hydrogen storage and transportation service HSL Technologies (HySiLabs), digital banking platform LOQR and YData, which provides a user data protection tool.

Before joining EDP Ventures, Fábrica spent nearly four years at professional services firm EY, where he advised on financial transactions.

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.