Naturgy’s General Shareholders’ Meeting approves the Group’s results and ratifies the re-elections to the Board of Directors

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
Naturgy accelerates the international expansion of its renewables business with the signing of several agreements to develop agrovoltaic and wind projects in Italy. The company already has more than 200 MW in the pipeline.
The energy company has been awarded a triple 'A', the highest possible rating, for its strong safety and risk mitigation practices. This recognition, which it has received consecutively since 2017, makes it the Spanish company awarded with this distinction continuously for the longest time.
Naturgy increased its photovoltaic self-consumption capacity ninefold in 2022 as part of its 'Naturgy Solar' initiative, with which the energy group offers clients customised solutions to generate their own electricity. This involved a fivefold increase in contracts compared to the previous year, after receiving more than 75,000 requests for information.
Henceforth, it will be a mandatory part of the bidding process for Naturgy to demand that those suppliers with high climate change risk measure their carbon footprint whenever the amount of the contract exceeds 500,000 euros. In such cases, more than a hundred suppliers will be obliged to present a carbon footprint certificate as a mandatory requirement that will be technically evaluated.
Today, Naturgy presented to the market its results for 2022, a year marked by intense volatility and global uncertainty, as well as a sustained increase in the cost of raw materials worldwide and a good performance of the liberalised activities in the different markets.
Naturgy has successfully connected its first battery storage facility in the world to the grid, a historical milestone for the company in the renewables business. The ACT Battery project, located in Australia and developed and built by its international generation subsidiary Global Power Generation (GPG), will reinforce supply quality to the city of Canberra and accelerate the energy transition in the country by allowing for greater penetration of renewable energy in the grid.

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