We have been operating in Argentina since 1992 through the company Naturgy BAN S.A., which distributes natural gas in 30 municipalities in the north and west of the Buenos Aires metropolitan area. Naturgy BAN, in which Naturgy has a 70% stake, was the first of the group's distributors to operate outside of Spain. Our Argentinian subsidiary operates in the north and west of greater Buenos Aires, where it supplies the largest industrial area in Argentina.
Naturgy BAN has had good market penetration and is now established as the second largest distributor in the country by number of customers. At the close of 2019, we had more than 1.6 residential, over 49,000 commercial and 700 industrial customers, 397 CNG stations and 3 sub-distributors.Our natural gas networks span 26,700 kilometres. Our company has a natural gas peak shaving storage plant, which enables it to guarantee supply in the months when demand is at its highest.
We also hold an important position in the market of compressed natural gas for light vehicles, catering to a network of service stations that supply gas to almost a third of the vehicles operating in Argentina. The group has two other companies operating in Argentina: Natural Servicios, a company that markets natural gas-related products and services, and Natural Energy, a company whose main focus is marketing gas.
In addition, through Chile’s Compañía General de Electricidad (CGE), we hold shares in the following businesses: we distribute natural gas in the network through Gasnor (100%); Energía de San Juan(99.99%); We also hold a stake in the Argentina Pacific Gas Pipeline (56.7%). Furthermore, through AGESA Chile, we hold a stake in the Andes Argentina Gas Pipeline (47%).
|Ventas actividad de gas (millones de m3)||7.110,0|
|Red de distribución (km)||26.700|
|Puntos de suministro (a 31/12)||1.670.166|
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. This area, which measures some 53,000 km2, has significant industrial activity, with more than a hundred companies operating there. Naturgy SPS is now the third-largest piped natural gas distributor in the country in terms of supply infrastructure and number of customers.
In 2019, its three distribution subsidiaries totalled over 1,135,000 customers, with a gas distribution network over 8,050 kilometres long and gas sales of 6.5 billion cubic metres. Through these companies, we supply a total of 74 municipalities in the State of Rio de Janeiro and São Paulo.
We also operate in the unregulated market in Brazil. In 2001, we created Gas Natural Serviços, now Naturgy Soluções, which began operating in the country 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 appliances and electrical appliances, in addition to the sale of gas appliances and insurance.
|Ventas actividad de gas (GWh)||70.677|
|Red de distribución (km)||8.050|
|Puntos de suministro (a 31/12)||1.135.152|
Actividad de Global Power Generation en Brasil
GPG has operated in Brazil since 2016, and developed its first solar power project in the 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.
We have an installed electricity generation capacity of 101 MW in Costa Rica, where we operate the 51-MW Joya hydropower plant.
Furthermore, in 2008 the Costa Rican Electricity Institute (ICE) awarded us the contract to build and operate the El Torito Hydropower Plant for a period of 20 years, which led to an investment of over 190 million dollars and the creation of over 600 direct jobs during the construction process. Inaugurated in 2015, this power plant has a generation capacity of 50 MW and supplies electricity to 95,000 users.
With the launch of operations at this new electricity generation facility, we now have a total capacity of 101 MW in this country, making us the largest private electricity producer in the country.
We have been operating in Chile since 2014 through CGE, a long-running business, established in 1905, and one of the most important power conglomerates in the country. Our business is focused on the power sector and natural gas from Arica to Puerto Williams in Chile, as well as in four major provinces of Argentina.
In Chile, CGE currently serves over 3 million customers in the electricity distribution business and over 815,021 homes through CGE Gas Natural. We also operate in the electricity transmission market; natural gas storage, transport and distribution; and in services and products related to these activities.
Our distribution business is supported by an electricity transport and transmission infrastructure, linked to the National Electricity System and the Magallanes Electricity System.
Through CGE Gas Natural, we operate in the natural gas distribution business in Chile, specifically through Metrogas in the regions of Metropolitana, O'Higgins and Los Lagos; and through Gas Sur and Innergy Holdings in the region of Biobío. We also hold stakes in the Pacific Gas Pipeline and the GasAndes Gas Pipeline.
|Principales magnitudes – Negocio Gas||2019|
|Venta de la actividad de gas (millones de m3)||953|
|Red de distribución (km)||6.987|
|Puntos de suministro (a 31/12)||815.021|
|Ventas actividad de gas (millones de m3)||4.024|
|Red de distribución (km)||11.912|
We are the leading natural gas distribution company in Mexico. We provide services to 62 cities in the country, including Mexico City, representing a total of 1.7 million customers at the close of 2017. We also operate in the country's electricity generation sector, with an installed capacity of 2 GW in combined-cycle power plants and 234 MW in wind power.
We began operating in the country in 1997, after obtaining a licence for the distribution of natural gas in the city of Toluca and towns including 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 enabled us to begin natural gas distribution services in some of the most important cities in the country, such as Monterrey (the largest natural gas consumer in the country), Mexico City, Salamanca, Leon, Aguascalientes, San Luis Potosí and Zacatecas.
In 2014 and 2015, we received a natural gas distribution licence for the North-west geographic region and the Sinaloa geographic region. In December 2016, we were granted a natural gas distribution licence for the Valle de México region (Cuautitlán- Texcoco-Hidalgo). In the final quarter of 2017, distribution licences were issued to us for Campeche, Tabasco and Yucatán for the next five years.
Global Power Generation operations in Mexico
We also operate in the power generation sector through Global Power Generation, the second largest independent power producer in Mexico. The assets currently in operation in Mexico are the 250 MW Hermosillo Power Plant and the 258 MW Naco Nogales Power Plant in the State of Sonora; the 1,000 MW Tuxpan III and IV Power Plant in the State of Veracruz; and the 450 MW Norte Durango Power Plant in the State of Durango in the north-west of the country. Electricity assets include the 234 MW Bií Hioxo Wind Farm, which entered operation 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. Naturgy’s power generation business has been an active player in the holesale Electricity Market (WEM) since February 2017. Over the course of 2018, GPG will operate as a qualified supplier with the intention of increasing its customer portfolio.
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 Panamanian distribution companies in the group covered over 46,000 square kilometres at the close of 2019, distributing electricity to 700,000 customers Panamá Centre, West, Interior, Chiriquí and Bocas del Toro areas. 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.
|Distribución de la electricidad||2019|
|Ventas actividad de electricidad (GWh)||5.378|
|Red de distribución (km)||26.489|
|Puntos de suministro, en miles (a 31/12/19)||694|
GPG operates in the electricity generation market in Panama with four hydropower plants that have a joint installed power capacity of 23 MW. Global Power Generation modernised La Yeguada Hydropower Plant, located in the district of Calobre, Veraguas. It was restarted for the first time in early 2018 after the modernisation of Unit 3, known as La Yeguadita. And in September 2019 operations began in the new Units 1 and 2 of La Yeguada Hydropower Plant. The modernisation involved installing a totally new and modern, automated and remote-controlled mini hydropower plant, which has increased its total power by about 16%.
In power generation, Naturgy is developing renewable energy in Panama through its hydroelectricity projects in Chiriquí province and Veraguas. The company has registered a total of 3 projects with the United Nations as Clean Development Mechanism projects (CDM) as defined in the Kyoto Protocol. It has also brought cutting-edge automated control and management systems to the country. It has a Network Operations Centre (NOC) in Albrook and a backup centre at El Torno substation in La Chorrera, which can monitor and control all the electricity distribution 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 Peru, Naturgy holds the concession to distribute natural gas in the south-western regions of Peru (Arequipa, Moquegua, and Tacna) through a 21-year contract signed with the Peruvian government, which may be renewed for up to 60 years.
We officially started distributing natural gas at the end of 2017 and we already serve about 13,000 residential customers, as well as dozens of commercial and industrial customers.
This ambitious project involved the development of a virtual transport system, through a fleet of tanker trucks that travel thousands of kilometres transporting LNG from the liquefaction plant of Peru LNG in Cañete, to the 6 modern regasification plants located in each city of the concession. From these, we distribute natural gas through 400 kilometres of underground networks, benefiting homes, businesses and regional industries.
Through our work, we have been able to improve the quality of life of thousands of families and boost the productivity of the local industry.
We operate in Puerto Rico through Naturgy Puerto Rico and EcoEléctrica, in which we own a 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 15% 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.
The LNG 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.
We hold a 47.5% stake in EcoEléctrica, as well as a contract to manage our facilities and exclusive rights over the use of the LNG terminal for the downstream market.
The company operates in the generation market in the Dominican Republic through two thermal power plants with an installed capacity of 198 MW: Palamara, with 106 MW of installed power, and La Vega, with 92 MW, situated in the centre and south of this Caribbean country.