Movhera
Miranda do Douro, Portugal
About
Founded in 2023, Movhera is a private headquartered in Miranda do Douro, Portugal specializing in Hydro, Energy Storage.
Movhera is a hydropower operator established in December 2023 following the acquisition of six hydroelectric concessions from EDP by a consortium comprising ENGIE, Crédit Agricole Assurances, and Mirova. The company operates Portugal's second-largest hydroelectric portfolio with a total installed capacity of 1.7 GW, generating approximately 3.2 TWh of renewable energy annually. The portfolio includes six facilities: Miranda, Picote, Bemposta, Baixo Sabor, Feiticeiro, and Foz Tua. Movhera is committed to technical excellence in asset operation, environmental stewardship, and long-term partnerships with local communities. The company maintains pumped storage capacity to provide grid flexibility and dispatchable green power. Headquarters are located in Miranda do Douro, close to the company's hydroelectric assets on the Douro International.
Headquarters
Miranda do Douro, Portugal
Founded
2023
Company Type
Private
Business Models
Value Chain
Service Regions
Trás-os-Montes and Alto Douro, Douro Valley
Industry Memberships
Vale do Tua Regional Development Agency