Francisco Reynés, Naturgy’s Chairman & CEO, chaired the company’s Ordinary General Shareholders' Meeting today, which was held at the company’s registered office in Madrid. The shareholders approved the Financial Statements and the Management Report for the 2022 financi
Copenhagen Infrastructure Partners develops the first phase of Project Catalina in partnership with Enagás, Naturgy, Fertiberia and Vestas. Project Catalina is a pioneering green hydrogen and green ammonia GW-scale project that aims to bring the abundant renewable resources of Aragon to the industrial consumption points on the Spanish Eastern coast through energy efficient and environmentally friendly infrastructure. Project Catalina intends to develop 5GW of combined wind and solar in Aragon (Spain) and produce green hydrogen through a 2GW electrolyser. Once fully implemented, Catalina will produce enough green hydrogen to supply 30% of Spain’s current hydrogen demand.
Through its international power generation subsidiary, Global Power Generation (GPG), Naturgy has begun to operate its second wind farm in Australia, Berrybank 1, with which it now operates a total of 270 MW in the country.
Naturgy closed the third quarter of 2021 with a positive performance of its businesses and faces a year end marked by volatility in international gas markets and regulatory uncertainty. EBITDA reported in the period was 2.56 billion, in line with the results for the same period in 2020 and 17% lower than in 2019, without recovering pre-pandemic levels. Ordinary EBITDA was 2.99 billion, 6% higher than in 2020 and 6% lower than in 2019.
Naturgy delivered the first Carbon Neutral LNG cargo in Spain. This operation, a milestone for the country, reinforces the ESG (Environmental, Social, and Corporate Governance) commitment set out in its Strategic Plan 2021-25.
The company closed the first half of the year with its business performing well, in a context of recovery, and now faces a new stage in its transformation with a focus on its commitment to the energy transition and growth in renewables and distribution networks, as well as the development of new energies.
Naturgy has today presented to the market its Strategic Plan for the 2021–2025 period, in which the company will strengthen its role in the energy transition and decarbonisation. Through this plan, Naturgy has set out the main lines of industrial and financial action for the coming years in an energy context of profound transformation and after a year marked by a macroeconomic crisis that has greatly impacted the sector.
