Nedgia, gas distributor of the Naturgy group, and CycleØ have launched the first virtual gas pipe that will be capable of injecting renewable gas into the network from production points external to the infrastructure. This milestone is a major step forward for the development of biomethane, a carbon neutral gas obtained from waste treatment, in Spain, increasing the country's production potential and promoting the technical and economic viability of new developments.

Naturgy has commissioned its first photovoltaic plant in the province of Seville. The new facility located in Villanueva del Rey, between the municipalities of Ecija and La Luisiana, has a capacity of 50 MW and will produce 111 GWh of renewable energy per year. This is equivalent to the electricity consumption of 34,000 homes and will prevent the emission of 56,000 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 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.