United States

In 2021, the company purchased a 25-project portfolio totalling 3.5 GW and signed an exclusive development agreement for them with Candela Renewables for the next five years. We plan to invest more than 1 billion euros in the country over the next few years to reach an operating capacity of 500 MW by 2023 and 1,200 MW by 2025.  

In 2023, it inaugurated 7V Solar Ranch, its first renewable energy project in the United States and its largest photovoltaic project in the world, covering 800 hectares of land. This plant has a capacity of 240 MW and an annual generation capacity of 560 GWh, equivalent to the consumption of 160,000 households.

In addition, construction work has begun on the Grimes project, its second major photovoltaic facility in the country. This new renewable power plant, located in the state of Texas, will have a capacity of 210 MW that will generate enough zero-emissions electricity to supply approximately 140,000 households.


We have been operating in Argentina since 1992 through Naturgy BAN, a company in which Naturgy owns a 70% stake. We are the first of the Group’s distribution companies to operate outside Spain and we distribute natural gas in 30 districts of the province of Buenos Aires.

We are the second largest gas distributor in the country by number of customers with a total of 1.7 million clients, which accounts for 17.3% of total sales in the residential and commercial market, and we also supply businesses, industries and CNG stations. Our natural gas networks total over 27,000 kilometres.

We also have the only peak shaving natural gas cryogenic storage plant in Argentina, which allows us to guarantee supply in the months of highest demand.

Other activities in the country

Through Compañía General de Electricidad (CGE) de Chile, we hold a 100% stake in the natural gas distribution company Gasnor. This company has 581,000 customers and a 12,616-kilometre network.

We also own 100% of the electricity distribution company Energía San Juan, which has 261,000 customers.

Key figures2023
Annual volume distributed (million m3)6.708
Distribution network (Km)27.503
Supply points (at 31/12)1,678


We began operating in Brazil in 1997 after obtaining a concession to distribute natural gas in Rio de Janeiro and its metropolitan area. Since then, Naturgy has been managing the distribution companies Ceg and Ceg Rio, in which we currently hold equity stakes of 54.16% and 59.6%, respectively.

We currently have a large market in Brazil for the sale of natural gas to be used domestically, by businesses, industry, thermal power plants and as a fuel for vehicles. In April 2000, we set up the company Naturgy São Paulo Sul, after obtaining the concession to undertake distribution activities in the southern part of the State of São Paulo. In this area, which measures some 53,000 km2, there is considerable industrial activity, with more than a hundred companies established there.

Naturgy SPS is now the third-largest piped natural gas distributor in the country in terms of supply infrastructure and number of customers. Together, its three distribution subsidiaries total 1.1 million customers, with a gas distribution network over 8,222 kilometres long and gas sales of 8.4 billion cubic metres, supplying 74 municipalities in the State of Río de Janeiro and the State of São Paulo.

Other activities in the country

We also operate in Brazil’s unregulated market. In 2001, we created Gas Natural Serviços, now Naturgy Soluções, which began operating in Brazil through the development of energy efficiency projects for stores, hospitals and shopping centres. In 2009, Naturgy Soluções started to operate in the residential market, offering services to homes such as technical assistance and maintenance of gas and electrical appliances, in addition to the sale of gas appliances and insurance.

Global Power Generation has operated in Brazil since 2016, and developed its first solar power project in that country. At present it has four projects operating commercially, totalling 124 MW installed capacity. The Sobral I and Sertão I projects are in the state of Piaui, and the Guimarania I and II projects are in Minas Gerais.

Key figures2022
Gas sales (m3)
Distribution network (km)8.275
Supply points (at 31/12)1.175.410


Our presence in Chile dates back to 2014 through CGE, a long-standing business established in 1905 and one of the most important power conglomerates in the countryIn November 2020, we completed the sale of our electricity grids business in this country.

Currently, we are active in the natural gas distribution market in 4 regions (Metropolitana, O’Higgins, Los Lagos and Biobío) with 700 thousand supply points, and we are also present in the wind and solar power generation businesses.

With regard to power generation, through Global Power Generation we secured an international public tender in 2016 to supply energy to regulated customers and signed a 20-year PPA for 858 GWh of energy per year. We committed to build 2 renewable generation plants — a wind power plant and a photovoltaic plant — for the start of supply in January 2021: The wind farm at Cabo Leones II with an installed capacity of 205.8 MW, which made its first energy injections in October 2020, and the San Pedro Photovoltaic Plant with and installed capacity of110 MW, which began energizing the Lasana substation on the same date.

It also has several photovoltaic, small means of distributed generation projects (known as PMGD projects in Chile) owned by CGE.

Costa Rica

In this country, we manage 50 MW of installed hydropower generation capacity at the Torito hydropower plant through Global Power Generation. This plant started operating on 24 April 2015 and is located in the northeast of the country. It uses turbinated water from the Reventazón river already used by Angostura and, as it is a run-of-river plant, it does not need a reservoir, so no land flooding was necessary for its construction.

Dominican Republic

The company is present, through Global Power Generation, in the generation market in the Dominican Republic through two thermal power plants with an installed electrical power of 198 MW

The Palamara power plant began operations in 2000. It is located on the north side of the city of Santo Domingo and has an installed capacity of 102.5 MW.

With regard to the La Vega power plant, it began operations in 2001 and is located in the La Vega province, north of Santo Domingo. It has an installed capacity of 87.5 MW.


We are the leading natural gas distribution company in Mexico with 12 distribution licences. We provide services to more than 60 cities and towns in the country, including Mexico City, representing 1.6 million customers at the end of 2023.

We began operating in Mexico in 1997 after obtaining a licence to distribute natural gas in the city of Toluca and in towns such as Lerma and Metepec. We also took over operations at the distribution companies Nuevo Laredo and Saltillo. In the following years, we won various public tenders that meant we could distribute natural gas in some of the country’s largest cities, including Monterrey, the leading natural gas consumer in the country, as well as Mexico City, Salamanca, Leon, Aguascalientes, San Luis Potosí and Zacatecas.

Our Energy Solutions area conducted comprehensive analyses to provide industries with the best options to promote their competitiveness and reduce energy consumption.

We also operate in the power generation sector, with an installed capacity of 2.3 GW in combined-cycle power plants and 234 MW in wind power.

Global Power Generation operations in Mexico

We operate in the power generation sector through Global Power Generation, the fourth largest independent power producer in Mexico. Current assets in operation in Mexico include the Hermosillo plant, with a net power output of 270 MW (in winter conditions) awarded in an exclusive PPA contract for CFE (main contract), plus 13.5 MW for selling surplus to the Wholesaler Electricity Market (WEM), accounting for a total power output of 283.5 MW; the Naco Nogales plant, with a power output of 300 MW awarded in an exclusive PPA contract for CFE (main contract), plus 50 MW net power for selling surplus for self-supply and 14 MW to the Wholesaler Electricity Market (WEM), obtaining a power output of 364 MW, in the state of Sonora; the Tuxpan III and IV plant with 1,180 MW in the state of Veracruz; and the Norte Durango plant with 570 MW in the state of Durango, to the northwest of the country. This power generation business has been an active participant in the Wholesaler Electricity Market (WEM) since 2001: capacity was increased in CCPP Norte Durango and CCPP Tuxpan, and ISO certificates were achieved from 2018 to date.

These plants are joined by the 234 MW Bií Hioxo Wind Farm, which started operations in October 2014. It is located in the city of Juchitán, in the state of Oaxaca.

GPG also operates and maintains third-party power plants. In 2014, it was awarded an operation and maintenance contract for the La Caridad Power Plant — owned by Grupo México — for a period of 16 years.


We operate in the electricity distribution market in Panama through the companies Distribuidora Eléctrica de Metro-Oeste (EDEMET) and Distribuidora Eléctrica de Chiriquí (EDECHI), and also operate in the electricity generation market through Naturgy Services.

The Group’s Panamanian distributors supply electricity to more than 750,000 customers in the areas of Panama Centro (Capital), Panama Oeste, Coclé, Veraguas, Herrera, Los Santos, Chiriquí and Bocas del Toro.

We began operating in 2015 as Naturgy Services, bringing service value to the Panamanian market with a non-regulated range of products and services, focused on improving energy efficiency for residential consumers, SMEs and large companies.

Other activities in the country

In addition, the company has the most advanced automated control and management systems in the country. It has a Network Operations Centre (NOC) in El Torno, La Chorrera, which can monitor and control the entire electricity distribution system in the company’s allocated area. It also has a Measurement Technology Laboratory, mobile substations and power plants, environmentally friendly sheathed cables, and automatic switching systems which ensure the service is reliable.

In terms of generation, we have the following hydroelectric projects through Global Power Generation in the provinces of Chiriquí and Veraguas in Panama, with a combined installed capacity of 22.5 MW: the Macho de Monte, La Yeguada, Los Algarrobos and Dolega hydropower plants.

Puerto Rico

We operate in Puerto Rico through Naturgy Puerto Rico and EcoEléctrica, in which we own a 50% stake. The latter has an installed capacity 540 MW combined-cycle power plant that includes a Liquefied Natural Gas (LNG) terminal and a water treatment plant located in Peñuelas (in the south of the island) that has been in operation since 2000.

EcoEléctrica’s combined-cycle power plant was the first project in Puerto Rico to produce electricity with natural gas, producing some 20% of the electricity consumed on the island.

Furthermore, the LNG terminal is also being used by the company to feed the neighbouring Costa Sur power plant with natural gas. This plant is owned by Autoridad de Energía Eléctrica, the State electricity company. This terminal has an unloading terminal that can hold LNG tankers of up to 140,000 cubic metres and has a 160,000 cubic metre storage tank. It is the only terminal of its kind in Puerto Rico, meaning it is a strategic resource of the highest importance for enabling the supply of natural gas to the entire island. With that in mind, Naturgy Puerto Rico is currently working to develop the distribution of LNG in Puerto Rico.