Tag/Corporate - Naturgy - Press room

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  • Press releases(79)

    • 09-03-2021 Press release

      The General Shareholders’ Meeting of Naturgy endorses the company’s commitment to Energy Transition

      International, Corporate, General Shareholders’ Meeting

      Naturgy Chairman and CEO, Francisco Reynés, chaired the company’s Ordinary General Shareholders’ Meeting, held today in Madrid online as a result of mobility restrictions and to maintain safety due to Covid-19. Shareholders approved the company’s results and management report for 2020, as well as a complementary dividend of €0.63/share, which will be paid on 17 March.
    • 04-02-2021 Press release

      Naturgy meets its FY2020 EBITDA forecasts, despite the complicated scenario and the impact of COVID-19

      Corporate, Financial

      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.
    • 14-01-2021 Press release

      Naturgy enters the United States with the purchase of a renewable company specialized in solar and energy storage

      International, Corporate, Renewables

      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.
    • 01-12-2020 Press release

      Naturgy agrees to sell its stake in Damietta, rescind its Egyptian gas contracts and depart from Unión Fenosa Gas (UFG)

      International, Corporate

      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.
    • 18-11-2020 Press release

      Cogeneration plants need renewal plan to maintain their contribution to decarbonisation targets and industry competitiveness

      Corporate, Naturgy Foundation, Generation, Enviroment and Sustainability

      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.
    • 13-11-2020 Press release

      Naturgy sells its electricity grids in Chile to China State Grid

      International, Corporate

      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.
    • 28-10-2020 Press release

      Naturgy is making progress in achieving its targets for the end of the financial year 2020

      Corporate, Financial

      Naturgy has made significant progress in complying with its financial and operational commitments as well as regarding ESG matters. In the first nine months of the year the company has faced with the impact of the COVID-19 outbreak, the resulting health and economic crisis and an adverse energy situation with a sharp drop in the price of raw materials. Right from the start of the crisis, the company has played a leading role by adopting measures to support and protect the interests of all its stakeholders in order to reduce the impact of the pandemic on domestic economies and to contribute to the management of this health crisis.
    • 08-10-2020 Press release

      Gas agreement between Naturgy and Sonatrach

      International, Corporate, Financial, Gas Business

      The agreement reached demonstrates Sonatrach’s and Naturgy’s willingness to consolidate their long-term partnerships started decades ago.
    • 22-07-2020 Press release

      Naturgy will update the foundations for its next transformation stage this coming autumn after completing the first part of its Strategic Plan

      Corporate, Financial

      Naturgy has completed the first stage of its 2018-2022 Strategic Plan satisfactorily, due to all commitments with its main stakeholders being met, and is undertaking to provide the Group's transformation with a renewed boost.
    • 02-06-2020 Press release

      Naturgy redoubles its efforts in ESG and sets environmental targets to reduce its CO2 emissions by 21% by 2022

      Corporate, CSR, Renewables

       

      Naturgy is immersed in a transformation process to adapt its business to a more sustainable model. Therefore, the group has redoubled its efforts towards the environment, social action and good corporate governance (ESG) over the last two years and has set new targets in the environmental area to reduce its greenhouse gas (GHG) emissions by at least 21% by 2022 compared to 2017, to reduce CO2 intensity in power generation by 22% and to ensure that 34% of generation capacity is from renewable sources.
    • 26-05-2020 Press release

      The General Shareholders’ Meeting of Naturgy approves the company’s management and points out its progress made in sustainability, social responsibility and corporate governance issues

      General Shareholders’ Meeting, Corporate, Financial

      The executive chairman of Naturgy, Francisco Reynés, presided over the company’s Ordinary General Shareholders’ Meeting, which was held today in Madrid fully online for the first time due to the extension of the State of Emergency. The shareholders approved the company’s results, along with its corporate management report for the financial year 2019.
    • 29-04-2020 Press release

      Naturgy sets its priorities for 2020 and strengthens its liquidity to 9.60 billion

      Corporate, Financial

      Naturgy has faced a start to 2020 marked by the interruption of COVID-19, the governmental measures adopted worldwide to prevent it spreading, a very volatile macroeconomic scenario and an adverse energy scenario, primarily affected by the decreasing prices of raw materials. The company anticipated the gravity of the situation by urgently calling its crisis committee a few days before the state of alarm was decreed and adopting measures to protect its employees and support customers, shareholders and suppliers.
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