Filed Pursuant to Rule 253(g)(2)
File No. 024-12347

Supplement No. 1 dated October 13, 2026 to the Offering Circular dated July 29, 2026

This document supplements, and should be read in conjunction with, the offering circular of Energea Portfolio 2 LP, dated July 29, 2026, as previously supplemented and filed by us with the Securities and Exchange Commission (the "Commission") (collectively, the "Offering Circular"). Unless otherwise defined in this supplement, capitalized terms used in this supplement shall have the same meanings as set forth in the Offering Circular.
 
The purpose of this supplement is to disclose:
 
 
•
Description of Property


Energea Portfolio 2 LP
52 Main Street
Chester, CT 06412

Energea Portfolio 2 LP has acquired 6 additional Projects, five of which are reported in Project Memos filed with the SEC under Form 1-U.

The revised "Projects Acquired" and "Projects Owned" set forth under the section of the Offering Circular titled "Description of Property" is as follows:

Description of Property

The only property owned by the Company are the Projects. To date, the Company has not issued any Loans.

Projects Acquired

The following table summarizes the Company's Project acquisitions through September 30, 2026, including Projects subsequently sold or discontinued.

Project Name
Entity Name
Project Size (AC)
Acquisition
Date
Amount Invested (1)
Salinas
Project Salinas Geração S.A.
5.0 MW
4/15/19
$265,148
Itaguai III
Energea Itaguai III Aluguel de Equipamentos e Manutenção Ltda.
1.0 MW
3/6/20
$35,707
Iguatama
Energea Iguatama Aluguel de Equipamentos e Manutencao Ltda.
2.3 MW
10/12/20
$2,298,122
Pedrinopolis
Energea Pedrinopolis Ltda.
2.3 MW
5/21/21
$118
Pedra do Indaiá
Energea Pedra do Indaiá Ltda.
2.3 MW
10/1/21
$4,574,847
Divinópolis III
Energea Divinopolis Ltda.
2.3 MW
12/23/21
$3,092,185
Araxa I
Energea Araxa I Ltda
2.5 MW
12/23/21
$326,307
Araxa II
Energea Araxa II Ltda
2.5 MW
12/23/21
$326,849
Divinópolis II
Energea Divinopolis II Ltda
2.5 MW
1/4/22
$4,220,711
Corumbaíba
Energea Corumbaíba Ltda
2.5 MW
9/9/22
$2,852,457
Diamantina II
Energea Diamantina II Ltda
2.5 MW
10/17/22
$133,417
Formiga I
Energea Formiga I Ltda
2.5 MW
10/17/22
$201,778
Formiga II
Energea Formiga II Ltda
1.5 MW
10/17/22
$73,236
Naque
Energea Naque Ltda
1.5 MW
10/17/22
$123,330
Micros I
Energea Micros I Ltda
1.1 MW
12/29/22
$1,094,017
Itabapoana
Energea Itabapoana Ltda
2.5 MW
12/29/22
$94,590
Aparecida do Taboado II
Energea Aparecida do Taboado II Ltda
2.5 MW
4/12/23
$172,292
Frei Inocêncio
Energea Frei Inocêncio Ltda
2.5 MW
4/12/23
$95,567
Nova Lacerda
Energea Nova Lacerda Ltda
2.5 MW
4/12/23
$73,611
Monte Sião
Energea Portfolio Geração de Projetos MG II Ltda
2.5 MW
4/17/23
$95,833
Aparecida do Taboado I
Energea Aparecida do Taboado I Ltda
2.5 MW
5/24/23
$155,176
Iguatama II
Energea Iguatama II Ltda
2.5 MW
12/20/24
$2,029,141
Micros II
Energea Micros II Ltda
750 kW
11/11/24
$549,961
Pains
Energea Pains Ltda.
1 MW
11/28/25
$1,318,799
Micros III
Energea Micros III Ltda.
750 kW
06/19/26
$0.00
Paraiba do Sul
Energea Paraiba do Sul Ltda.
2.5MW
09/01/26
$65,848.92
Itaguai I
Energea Itaguai I Ltda.
1.0 MW
09/01/26
$674,338.82
Itaguai II
Energea Itaguai II Ltda.
1.0 MW
09/01/26
$654,744.35
Itaguai III (1)
Energea Itaguai III Ltda.
1.0 MW
09/01/26
$962,541.01
Vassouras I
Energea Vassouras I Ltda.
5.0 MW
09/01/26
$4,211,649.74
Nova Friburgo I
Energea Nova Friburgo I Ltda.
1.0 MW
09/01/26
$226,993.67

TOTAL


$30,999,316
  1. Amounts invested are presented in U.S. dollars as of September 30, 2026.

Projects Owned

The following table summarizes the Projects owned by the Company as of September 30, 2026, including Project size and amounts invested. Please refer to the links in the column labeled "Memo" for the Investment Memorandum which gives in-depth information regarding each Project such as its location, the system size, contractors used to construct the Project, information about other stakeholders, information about the buyer of the energy and environmental commodities and the estimated economics of the Project. The Memos can also be found on the Platform.

Project Name
Entity Name
Project Size (AC)
Amount Invested (1)
Memo
Iguatama
Energea Iguatama Aluguel de Equipamentos e Manutencao Ltda.
2.3 MW
$2,394,084
Pedra do Indaiá
Energea Pedra do Indaiá Ltda.
2.3 MW
$4,660,363
Divinopolis III
Energea Divinopolis Ltda.
2.3 MW
$3,136,990
Araxa I
Energea Araxa I Ltda
2.5 MW
$363,994
Araxa II
Energea Araxa II Ltda
2.5 MW
$364,555
Corumbaíba
Energea Corumbaíba Ltda
2.5 MW
$3,334,429
Divinópolis II
Energea Divinopolis II Ltda
2.5 MW
$4,070,030
Micros I
Energea Micros I Ltda
1.1 MW
$1,062,205
Iguatama II
Energea Iguatama II Ltda
2.5 MW
$2,368,057
Micros II
Energea Micros II Ltda
750 kW
$611,281
Pains
Energea Pains Ltda.
1.0 MW
$1,358,060
Micros III
Energea Micros III Ltda.
750 kW
$0.00
Paraiba do Sul
Energea Paraiba do Sul Ltda.
2.5MW
$65,848.92
TBA
Itaguai I
Energea Itaguai I Ltda.
1.0 MW
$674,338.82
Itaguai II
Energea Itaguai II Ltda.
1.0 MW
$654,744.35
Itaguai III (1)
Energea Itaguai III Ltda.
1.0 MW
$962,541.01
Vassouras I
Energea Vassouras I Ltda.
5.0 MW
$4,211,649.74
Nova Friburgo I
Energea Nova Friburgo I Ltda.
1.0 MW
$226,993.67

TOTAL

$30,520,165

  1. Amounts invested are presented in U.S. dollars as of September 30, 2026.