The group, through its international subsidiary Global Power Generation, has signed a financing line that will allow it to strengthen its liquidity and, at the same time, provide a financing platform to support GPG’s growth in Australia. GPG closes 2024 with a portfolio of 1 GW of projects in operation, to which 360 MW under … Continue reading Naturgy secures AUD 2.3 billion in financing to boost development of its photovoltaic and wind energy portfolio in Australia
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Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
Naturgy and the EIB have signed a first tranche of this financing worth €400 million of the total approved €1 billion. The loan will finance the start-up of new renewable energy plants and the repowering and hybridisation of existing ones. Upon completion, the project is expected to generate green energy equivalent to the approximate average … Continue reading Naturgy and the EIB agree on a €1 billion loan to invest in solar photovoltaic and onshore wind energy projects in Spain
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Naturgy to supply Amazon with energy produced by its fourth wind farm in Australia
Naturgy, through its subsidiary Global Power Generation (GPG), has put into operation its fourth wind farm in Australia, a facility with a capacity of 97 MW that will supply energy to the online retail giant Amazon. The project is called Hawkesdale and is located in the state of Victoria, Naturgy reported in a statement, which … Continue reading Naturgy to supply Amazon with energy produced by its fourth wind farm in Australia
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Spain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
The Official State Gazette contains announcements corresponding to the last week of September of 11 photovoltaic and hybridisation projects with wind energy and batteries (BESS).Prior administrative authorisation of the construction modifications, and the declaration of public utility, for the Mudarra 1 photovoltaic installation of 52.525 MW and its evacuation infrastructures, in the municipal terms of … Continue reading Spain approves 650 MW for 11 photovoltaic and hybridisation projects, including 39.6 BESS from Naturgy
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Naturgy launches its first photovoltaic plant in the province of Seville with the capacity to supply 34,000 homes
Naturgy has launched its first photovoltaic plant in the province of Seville. The new facility, located in Villanueva del Rey, between the municipalities of Écija and La Luisiana, has 50 MW of power and will produce 111 GWh of renewable energy annually. This amount is equivalent to the electricity consumption of 34,000 homes and will … Continue reading Naturgy launches its first photovoltaic plant in the province of Seville with the capacity to supply 34,000 homes
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Naturgy begins construction of three photovoltaic (PV) plants in Andújar (Jaén) with the capacity to supply 55,800 homes
Andújar I, Andújar II and Andújar III represent an investment of more than 60 million euros and will generate more than 700 direct and indirect jobs between the construction and operation phases. The three plants will produce 180 GWh of renewable energy annually, which will avoid the emission of 90,000 tons of CO2 per year. … Continue reading Naturgy begins construction of three photovoltaic (PV) plants in Andújar (Jaén) with the capacity to supply 55,800 homes
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Naturgy consolidates record results and improves expectations for 2024
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 … Continue reading Naturgy consolidates record results and improves expectations for 2024
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Naturgy inaugurates five new photovoltaic plants (Gran Canaria I and II and Telde I, IV and V) in the municipality of Agüimes (Gran Canaria)
Naturgy leads the drive for 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 raises the Group’s renewable energy power in the region to 136 MW, which represents a production capacity of close to 380 … Continue reading Naturgy inaugurates five new photovoltaic plants (Gran Canaria I and II and Telde I, IV and V) in the municipality of Agüimes (Gran Canaria)
Continue readingNaturgy begins the construction of a 300 MWp photovoltaic plant in Spain
Spanish company Naturgy has started building a 300 MWp photovoltaic solar park at a site in the Extremadura region of western Spain, the company said on Friday. The plant, called Campo de Aranuelo, will be Naturgy’s largest solar photovoltaic installation in Spain, according to the group, which is investing more than 150 million euros in … Continue reading Naturgy begins the construction of a 300 MWp photovoltaic plant in Spain
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Naturgy develops 420 MW of photovoltaics near the old La Robla coal plant
Naturgy has obtained prior administrative authorization and administrative construction authorization from the Ministry for the Ecological Transition and Demographic Challenge for two photovoltaic plants in the surroundings of the old La Robla coal plant (León), which will total 420 megawatts (MW) of installed potency. These are the ‘La Pradera’ facilities, with an installed power of … Continue reading Naturgy develops 420 MW of photovoltaics near the old La Robla coal plant
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Naturgy starts three new photovoltaic plants in Castilla-La Mancha with 150 MW
The Group will invest more than 76 million euros in the Zorita I and Zorita II facilities, in Guadalajara, and Ocaña, in Toledo, which will increase renewable power in the region by 150 MW. The new plants will produce around 310 GWh of energy per year and will help avoid the emission of more than … Continue reading Naturgy starts three new photovoltaic plants in Castilla-La Mancha with 150 MW
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Naturgy will install a photovoltaic self-consumption plant in A Coruña
The installation will allow Cuatro Caminos to make more efficient use of its energy consumption and self-generate more than 18% of its own energy, thus avoiding the emission of 45 tons of CO2 into the atmosphere, which is equivalent to planting 28 hectares of forest. Naturgy promotes energy self-consumption as part of its commitment to … Continue reading Naturgy will install a photovoltaic self-consumption plant in A Coruña
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Naturgy launches its first photovoltaic (PV) plant in Fuerteventura
Puerto del Rosario will generate energy equivalent to the annual consumption of 6,600 homes and will allow the reduction of 15,600 tons of annual CO2 emissions. With this project, Naturgy now has 14 renewable facilities in operation in the Canary archipelago.The development of the project has involved an investment of close to 10 million euros … Continue reading Naturgy launches its first photovoltaic (PV) plant in Fuerteventura
Continue readingNaturgy increases its investment by 53% to 3 billion, focusing on energy transition and Spain
Naturgy improved its EBITDA in 2023 to 5,475 million euros (+11%) and recorded a net profit of 1.986 billion (+20%), in a year marked by falling energy prices and a volatile scenario. The networks business obtained an EBITDA of 2,638 million (+7%) and the deregulated businesses, 2.949 billion (+15%). Some 90% of the investment was … Continue reading Naturgy increases its investment by 53% to 3 billion, focusing on energy transition and Spain
Continue readingLongi will supply Naturgy with one million modules for photovoltaic projects in Spain
The Chinese photovoltaic module manufacturer Longi and Naturgy have signed a new agreement to supply panels to five of the electricity company’s projects in Spain throughout this year. Longi will ship just over one million modules of its Hi-MO 5 series, with a total production volume of 574 MWp. These bifacial modules feature a 21.3% … Continue reading Longi will supply Naturgy with one million modules for photovoltaic projects in Spain
Continue readingNaturgy doubles photovoltaic (PV) self-consumption in its electrical network and already exceeds 38,000 connections
UFD, the Naturgy Group’s electricity distributor, has exceeded 38,000 self-consumption installations in its electrical network after doubling the number of connections made in its network in 2023. This figure of self-consumption already operational adds up to a power of 950 MW and represents an important milestone for the company in its commitment to the energy … Continue reading Naturgy doubles photovoltaic (PV) self-consumption in its electrical network and already exceeds 38,000 connections
Continue readingNaturgy begins its second photovoltaic in the United States
The Grimes project, with an investment of more than 285 million euros, will have a power of 210 MW that will supply renewable energy to more than 140,000 homes in the State of Texas. Naturgy continues to grow in the US with the start of construction of the Grimes project, its second large photovoltaic installation … Continue reading Naturgy begins its second photovoltaic in the United States
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Naturgy begins the construction of a new wind farm in Catalonia and plans to reach 250 renewable MW in the Community
The company will invest 40 million euros in this new wind installation, located in the province of Tarragona, which will generate energy equivalent to the consumption of 26,700 homes. Naturgy maintains its commitment to the development of renewable energies in Catalonia, after the incorporation of four new wind farms to its portfolio in the Community. … Continue reading Naturgy begins the construction of a new wind farm in Catalonia and plans to reach 250 renewable MW in the Community
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Naturgy launches a wind power and photovoltaic plant in Extremadura that will supply renewable energy to 55,000 homes
The Merengue II wind farm is the company’s second in the region and the Puerta del Jerte photovoltaic plant, the second of this technology.The two new facilities, located in the Cáceres municipality of Plasencia, have allowed the creation of more than 860 direct and indirect jobs and will produce energy equivalent to the annual electricity … Continue reading Naturgy launches a wind power and photovoltaic plant in Extremadura that will supply renewable energy to 55,000 homes
Continue readingNaturgy concludes the first six months of the year with improved financial performance, increased investments and reduced debt
Naturgy released its financial results for the first six months of 2023 to the market, along with the strategic review for the 2025 horizon recently approved by its Board of Directors. These developments come after the company exceeded all objectives outlined in its 2018-2022 Strategic Plan. The first half of the year was characterised by … Continue reading Naturgy concludes the first six months of the year with improved financial performance, increased investments and reduced debt
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