Portugal’s National Energy Network (REN) saw profits increase 3 percent in 2015 to €115m, according to its president Rodrigo Costa, who told investors the company would maintain its present pace of investment during 2015. REN made €200m in investments last year. “We have the level of investment appropriate to the country, but if the government decide to proceed with more energy projects, we have to respond to it,” said Rodrigo Costa. Regarding the company’s internationalization strategy, REN is focusing on countries with good growth prospects and stable economic environments.
