Naturgy has strengthened its presence in Brussels, the political and administrative epicentre of the European Union (EU), in line with its leadership as an energy sector company and a key player in the energy transition. By opening its public affairs office in the EU capital, the company reinforces its commitment to the European agenda and its willingness to actively contribute to the EU's energy dialogue.
Today, GAS NATURAL FENOSA reached an agreement to purchase 100% of the renewable energy firm Gecalsa, valued at 260 million euros. Gecalsa operates 10 wind farms and a photovoltaic plant in Spain which have a collective net installed capacity of 201.3 MW (237.5 gross MW). The purchase is subject to the acquisition of the necessary authorisations and is expected to be finalised in the fourth quarter of 2015.
Earlier today, GAS NATURAL FENOSA and the Kuwait Investment Authority (KIA) signed an agreement to undertake a share capital increase of 550 million dollars in Global Power Generation (GPG), which will be wholly underwritten by KIA. Following this capital increase, the KIA will assume control of 25% of the energy group’s international power generation subsidiary.
Today, President of the Galician Government Alberto Núñez Feijóo and GAS NATURAL FENOSA Chairman Salvador Gabarró opened the Cordal de Montouto wind farm, which was built by the energy company in the towns of Aranga (A Coruña) and Guitiriz (Lugo).
The President of the Xunta of Galicia, Alberto Núñez Feijoo, and the Chairman of GAS NATURAL FENOSA, Salvador Gabarró, today opened the A Mariña Lucense gas pipeline by symbolically opening the valve in San Cibrao-Cervo.
