Galp

For more than 100 years, we have been laying out a path of innovation. We explore and produce oil and natural gas. We refine and market oil products. We distribute and supply natural gas. We generate and market electricity. Exploration & Production Galp’s portfolio comprises over 50 projects in different phases of exploration, development and production. Galp’s development projects include two of the largest oil and natural gas discoveries of the last decades, located, respectively, at the Santos basin pre-salt, in Brazil, and the Rovuma basin, in Mozambique. The Company is focused on the implementation of its projects in the development phase in three core locations: Brazil, Angola, and Mozambique. Refining & Marketing Galp processes raw materials at two refineries in Portugal and markets oil products in Iberia and Africa. Galp also exports to several countries and markets to other operators. Gas & Power The Gas & Power business incorporates the sourcing, distribution and supply of natural gas, activities which are gradually being integrated with the production and marketing activities for electricity. The Company also operates in the international natural gas and LNG market through its trading activity.

1 past transactions

Verdagy

Series B in 2023
Verdagy is focused on advancing water electrolysis technology to enable large-scale production of green hydrogen. Based in Moss Landing, California, the company develops high-performance cells, electrolyzers, and plants aimed at achieving low upfront capital and operating costs. Their innovative approach positions them to offer competitive unit economics in hydrogen production, making it more accessible for various industries to adopt clean energy solutions. Verdagy operates laboratory and pilot plant facilities to support the rapid scaling of its technology platform.
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