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Naturgy has started construction work on three new photovoltaic plants in the municipality of Andújar (Jaén) that will generate a peak power of 100 MW and produce 180 GWh of renewable energy per year, equivalent to the electricity consumption of 55,800 homes. Furthermore, Andújar I, Andújar II and Andújar III will prevent 90,000 tonnes of CO2 emissions per year.
Naturgy and the Instituto Tecnológico de Canarias (ITC), a public R&D&I centre ran by the Government of the Canary Islands, will share their knowledge and experience to validate the performance of an innovative electrolysis technology to produce green hydrogen. The aim of this partnership is to install and test an experimental 2 kW electrolyser prototype to analyse the unit’s design and compare the results with current commercial systems.
Naturgy has renewed its leadership position in the FTSE4Good index of the most sustainable companies in the Utilities sector, which groups gas, water and multi-utilities. The company's overall score was 4.4 out of 5, and it was recognised with the highest rating in the areas of biodiversity, working conditions, health and safety, risk management, corporate governance and fiscal transparency.
Naturgy has managed to consolidate in the first half of 2024 the record results obtained last year, now in a more competitive scenario marked by a sharp global decline in energy prices. The Group recorded an EBITDA of 2,846 million euros and a net income of 1,043 million euros, both at the same level as last year. These results demonstrate the company's strength in adapting to the environment and generating value for its shareholders and are the result of a model based on operational efficiency, proactive risk management and financial discipline in capital management.
Industry plays a key role in Spain's decarbonisation process, accounting for 25% of the country's direct emissions. Experts, industrial associations and companies today debated this role during the conference 'Challenges and Opportunities of decarbonisation in industry' organised by Naturgy at the CaixaForum in Madrid. The Minister of Industry, Jordi Hereu, opened the session together with CEOE President, Antonio Garamendi, and the Naturgy Chairman and CEO, Francisco Reynés.
Naturgy and the Lecta Group have signed a renewable gas supply agreement that will facilitate the efficient decarbonisation of the industrial group's activity. Biomethane, a renewable gas obtained from the treatment of different types of waste with qualities similar to those of natural gas, will be used by Lecta's production centres located in Leitza (Navarra) and Zaragoza. This is the second major industrial agreement for the sale of biomethane by Naturgy after the one signed last January with Inditex.
Naturgy leads the promotion of the energy transition in the Canary Islands with the inauguration of five new photovoltaic plants in the municipality of Agüimes (Gran Canaria). The entry into operation of these facilities brings the Group's renewable energy capacity in the region to 136 MW, which represents an annual production capacity of around 380 GWh, equivalent to the consumption of 116,000 homes.
Naturgy has started up its third biomethane plant in Spain and has now increased its renewable gas production capacity to 29 GWh per year, an amount equivalent to the gas consumption of around around 6,000 homes.
UFD, the electricity distributor of the Naturgy group, will invest €1.340 billion until 2027 to strengthen and digitise its electricity grid in Spain with the aim of optimising service to its customers and encouraging development of the energy transition. This investment figure is 11% higher than that undertaken during the 2020-2023 period.
Naturgy has renewed its global EFR (Empress Familiarmente Responsable/Family-Responsible Company) certification awarded by the Másfamilia Foundation, which it initially received in 2013, when it was the first company worldwide to obtain this accreditation. It is currently the only IBEX 35 company with this certificate, which accredits the validity and impact of measures, indicators, practices and actions in terms of work-life balance and people development in five areas: quality of employment, time and space flexibility, support for employees' families, support for the personal and professional environment, and equal opportunities.
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