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.
Accompanied by the Mayor of Plasencia, Fernando Pizarro, and the Chief Operating Officer Gas & Power of Naturgy, Manuel Fernández, the President of the Regional Government of Extremadura, Guillermo Fernández, inaugurated the Merengue Wind Farm earlier this morning – the first to be built in Extremadura.
Naturgy’s investment in this project will amount to €33 million and the company has created 150 jobs in the construction, operation and maintenance stages. This infrastructure will enable a reduction in the use of conventional sources of power generation, helping reduce CO2 emissions by around 53,000 tonnes per year – 1,304,800 tonnes over its life span – as well as reducing other environmentally harmful emissions.
The European Consortium ECO-GATE, co-funded by the European Union and led by NEDGIA, the gas distributor of the Naturgy Group, today presented the brand ECO-G, designed as a distinctive sign to rename natural gas for vehicles.
The projects to be built by the power company in Castile and Leon were presented earlier today by the Director-General of Energy and Mines from the Regional Government of Castile-Leon, Ricardo González Mantero, together with the General Manager of Naturgy, Ana Peris, and the company’s Renewables Development Manager in Castile-Leon, David Muñoz.
In partnership with the Regional Government of Castile and Leon, the Naturgy Foundation organised a conference in Valladolid this morning on renewable gas and its role as part of the circular economy in the energy sector. Institutional, business and university experts from various fields shared experiences and knowledge on the use of renewable gas and its role in the circular economy.
Naturgy successfully closed the 2018 financial year, which was marked by the arrival of a new chairman and CEO, the incorporation of new shareholders, the renewal of the Board of Directors and a new organisational structure aimed at simpler, more transparent management and greater business autonomy.
The Mayor of Toledo, Milagros Tolón, the Local Councillor for Economic Affairs, Enterprise and Employment, Patricia Franco, and the Director-General for Industry, Energy and Mines, José Luis Cabezas, attended the opening ceremony held earlier today for this new natural gas refuelling station.
Naturgy has been recognised for the eighth consecutive year as a world leader for the action it takes to fight climate change, according to the prestigious index drawn up by CDP, the non-profit organisation that every year analyses the action taken against climate change by major companies at international level.
NEDGIA, the gas distribution company of the Naturgy group, has become a member of the European Renewable Gas Registry (ERGaR), the organisation encompassing the main renewable gas stakeholders in Europe and aimed at developing the European renewable gases market.
UFD, the electricity distribution company of Naturgy, is set to invest around 170,000 euros in updates and improvement work on medium- and low-voltage electricity installations in Coles (Ourense).
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