UFD, the Naturgy Group electricity, will invest €1.33 billion up to 2028 to strengthen and digitalise its electricity grid in Spain. The aim of these investments is to improve the service offered to its customers and to promote the development of the energy transition, as established in the new Strategic Plan approved by Naturgy.
Naturgy has signed an agreement with Gestamp in order to secure the consumption of renewable energy in Spain. The agreement will ensure that from 2022 onwards, all the Group´s productive facilities and R&D centers in Spain will operate with 100% renewable energy.
Naturgy has presented the Spanish government’s Ministry of Ecological Transition and Demographic Challenge, Ministry of Industry, Trade and Tourism and Ministry of Science and Innovation with a project to build 38 hydrogen fuel stations at a national level with the aim of providing a hydrogen-refuelling service in the urban-to-interurban environment and thereby boosting sustainable mobility in the Iberian Peninsula. The total infrastructure to be developed during the second stage will come to 120 hydrogen fuel stations.
Naturgy has closed FY20 in a stronger position to take on the energy transition and having made significant progress towards its financial, operational, and ESG (Environmental, Social and Governance) commitments. All of the above has been achieved in a financial year marked by the economic and social impacts of the pandemic and an adverse energy scenario, with a generalised drop in energy demand.
Naturgy and Enagás are studying the production of green hydrogen from a 250-MW floating offshore wind farm and another 100-MW onshore wind farm in Asturias for industrial consumption in this Autonomous Region. The project is a candidate Important Project of Common European Interest (IPCEI) and makes it possible to generate green hydrogen using local energy resources for added value.
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.
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.
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.
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.
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.
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.
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Si te interesa el mundo de la energía y el proceso de transformación en el que está inmersa, te invitamos a compartir nuestra visión de futuro sobre los retos de la transición energética.
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