Naturgy has delivered solid performance in the first nine months of 2025, making firm progress toward all commitments outlined in its 2025–2027 Strategic Plan. The group posted net income of €1,668 million through September, up 6% year-on-year, reaffirming its goal of surpassing €2 billion by year-end, in line with market guidance. EBITDA stood at €4,214 million, matching record levels from the same period last year, despite a highly uncertain environment, particularly in the energy sector. These results underscore the group’s operational strength, resilience, and the value of its diversified business model.
Naturgy completed today its first corporate bond issuance in Europe under the Strategic Plan presented in June 2018, amounting to €750 million and maturing on 28 November 2029. The issuance was set with an annual coupon of 0.75% and its price represented 99.751% of its nominal value.
Naturgy has made headway on fulfilling its 2018-2022 Strategic Plan, with which it laid the foundations of its long-term value creation strategy. Proof of the company’s smooth progress can be found in its recorded results, which exceeded the market consensus up until September 30, with an ordinary EBITDA reaching 3.397 billion euros, 5% more than the previous year, and an ordinary net profit of 991 million euros.
Naturgy and Sonatrach have entered into an agreement with Mubadala for the acquisition of the 42.09% stake that it holds in Medgaz. Following the completion of the transaction, Medgaz will be entirely owned by Sonatrach (with a 51.0% stake) and Naturgy (with the remaining 49.0%), with a shareholder agreement that gives them joint control of the pipeline.
Naturgy has completed the first year of operation since the company launched its new 2018-22 Strategic Plan which laid the foundations for the company’s long-term value creation strategy. The first six months of 2019 have been marked by the progress in the investment in renewables and power grids, the good evolution of the international business, the implementation of its efficiency plan, the corporate and management reorganization, and the sale of non-strategic assets.
Today, the Luis Buñuel and Reyes Católicos (Zaragoza), and San Agustín (Calahorra) schools were recognised for their projects to improve energy efficiency, which they created in the classroom. The IES María de Molina (Madrid) and the Colegio La Anunciata (Zaragoza) also received special mentions from the panel.
This afternoon, representatives from the Spanish government, the Valencia Regional Government, the Council of the capital of Turia, the Naturgy Foundation and the UIMP took part in the opening ceremony of the ‘Technical scientific bases to improve air quality in Spain’ technology forum.
Naturgy, a member of the Spanish Hydrogen Association (AeH2), has become the first promotional partner of AeH2, demonstrating its strong commitment to developing renewable gas and hydrogen. Through this move, both organisations reinforce their collaboration regarding the innovation, development and use of hydrogen.
The Naturgy Foundation and Cruz Roja have already shown more than 150 families in a situation of energy vulnerability in Alicante how to improve their consumption habits and therefore reduce their energy bills. Since January, the Naturgy Foundation's Energy School has carried out 18 educational sessions in the Cruz Roja offices in Alicante.
UFD, an electricity distribution subsidiary of Naturgy, has entered a partnership with the start-up in Navarre, FuVeX, which has developed an aircraft with a patented design, to enable its power lines to be inspected more efficiently and eliminating the safety risks for operators.
The Naturgy Foundation and the Roure Foundation have successfully refurbished 11 homes of vulnerable families in Barcelona, and have agreed to double that figure in the coming months. The refurbishment is carried out with the resources that the Naturgy Foundation’s Energy Rehabilitation Solidarity Fund puts at the disposal of social entities so they can improve the home energy efficiency of the most disadvantaged sectors of the population.
Contact
If you are a journalist and need information about Naturgy operations, you can get in touch with us via prensa@naturgy.com.

Subscribe to our newsletter
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.

Subscribe to our newsletter
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.
