14-01-2021 Press release
Naturgy enters the United States with the purchase of a renewable company specialized in solar and energy storageInternational, Corporate, Renewables
Naturgy has acquired 100% of the economic interests in Hamel Renewables, a solar and energy storage development platform in the United States. The transaction represents Naturgy’s first investment in the US renewable energy market and demonstrates the company's firm commitment to developing its renewables portfolio internationally, focusing on stable geographies and early stage of development projects.
11-12-2020 Press release
Naturgy signs long-term energy sales contract to build a 97 MW wind farm Hawkesdale Victoria, AustraliaInternational, Renewables
Global Power Generation (GPG), a joint venture of Naturgy Energy Group, SA (75%) and the Kuwait Investment Authority (25%), has been awarded the contract to build a 97 MW wind farm located at Hawkesdale in Victoria, approximately 270 km from Melbourne, Australia.
01-12-2020 Press release
Naturgy agrees to sell its stake in Damietta, rescind its Egyptian gas contracts and depart from Unión Fenosa Gas (UFG)International, Corporate
Naturgy, ENI and the Arab Republic of Egypt have reached a new agreement to amicably resolve the disputes affecting Unión Fenosa Gas (UFG), a 50%/50% joint venture between Naturgy and ENI. The parties have signed an agreement whereby Naturgy will receive a series of cash payments adding up to approximately US$0.6 bn, as well as most of the assets outside of Egypt, excluding UFG’s commercial activities in Spain.
18-11-2020 Press release
Cogeneration plants need renewal plan to maintain their contribution to decarbonisation targets and industry competitivenessCorporate, Naturgy Foundation, Generation, Enviroment and Sustainability
Cogeneration plants prevent approximately four million tonnes of CO2 emissions per year, thereby contributing to economic decarbonisation under the European Green Deal. It is therefore necessary to develop plans that incentivise the renewal of existing facilities. This claim is made by the authors of a report entitled “Natural gas in industry” from Lonjas Tecnología, S.A., a global energy sector company specialised in the engineering and construction of cogeneration and renewable energy facilities.
16-11-2020 Press release
Naturgy drives forward its digitalisation process by joining forces with Glovo to offer repairs in just a clickSpain, Customers
Naturgy has taken a qualitative leap forward in its commitment to digitalisation by joining forces with the home deliveries app Glovo to offer urgent repairs in just a click. Through this partnership, the company will market the group of Easygo services, the new and innovative solution for urgent repairs that allows us to provide immediate and direct assistance to users through the Glovo app, regardless of whether they are Naturgy customers.
13-11-2020 Press release
Naturgy sells its electricity grids in Chile to China State GridInternational, Corporate
Today, Naturgy has reached an agreement with the Chinese state-owned company State Grid International Development Limited (SGI) for the sale of its 96.04% holding in the electricity grids business in Chile, Compañía General de Electricidad (CGE) for an aggregate amount of €2,570 million, calculated in euros and payable in cash once the transaction has been completed.
28-10-2020 Press release
Naturgy is making progress in achieving its targets for the end of the financial year 2020Corporate, Financial
Naturgy has made significant progress in complying with its financial and operational commitments as well as regarding ESG matters. In the first nine months of the year the company has faced with the impact of the COVID-19 outbreak, the resulting health and economic crisis and an adverse energy situation with a sharp drop in the price of raw materials. Right from the start of the crisis, the company has played a leading role by adopting measures to support and protect the interests of all its stakeholders in order to reduce the impact of the pandemic on domestic economies and to contribute to the management of this health crisis.
28-10-2020 Press release
Naturgy and the Puerto Rico Electric Power Authority agree to extend their contract for the long-term supply of LNG to Puerto RicoCorporate, Financial, Gas Business, Electricity business
On 22 October, Naturgy and the Puerto Rico Electric Power Authority (PREPA) agreed to extend the contract for the long-term supply of LNG to Puerto Rico. The contract will now be in force until 2032. It covers an annual volume of 2 bcm and could reach 3 bcm depending on the country's needs, and the price will be completely indexed to the Henry Hub (the principal US gas index). This gas will guarantee the supply of power generation plants in Puerto Rico. The contract to supply LNG to PREPA was set to expire in October 2020. It had an annual volume of 1.5 bcm and the price indexation was linked to oil (50%) and the Henry Hub (50%).
08-10-2020 Press release
Gas agreement between Naturgy and SonatrachInternational, Corporate, Financial, Gas Business
The agreement reached demonstrates Sonatrach’s and Naturgy’s willingness to consolidate their long-term partnerships started decades ago.
06-10-2020 Press release
The integrated management of gas and electricity infrastructures in Spain would allow savings of more than €2 billion a year by 2050Spain, Naturgy Foundation, Enviroment and Sustainability
A report by Frontier Economics and the German University of Aachen concludes that integrated infrastructure management (sector coupling) will be essential in achieving decarbonisation, because it minimises costs, makes it possible to decarbonise sectors that are difficult to electrify, increases supply safety, and makes it possible to promote an industry with export potential and job creation.
21-09-2020 Press release
Naturgy confirms its commitment to sustainability, renewable energies and social action in its new campaignSpain, Others
Naturgy –in line with its commitment to the social, economic and health crisis caused by Covid-19– is reinforcing its commitment to sustainability in all areas and its level of social action through its new corporate campaign where it demonstrates its active role in respecting the environment and economic recovery, especially with the most vulnerable.
08-09-2020 Press release
Naturgy increases its presence in Australia with the award of 107 MW Wind FarmInternational, Renewables, Generation, Electricity business
With this award, in addition to the one announced last week, Naturgy increases its current presence in Australia by more than 50% and confirms its commitment to renewables growth in the country.
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