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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 has started construction of its first renewable energy facility in the United States, the 7V Solar Ranch photovoltaic plant, in the state of Texas, which will have an installed capacity of 300 MWdc. The project investment will amount to 264 million euros.
The company closed the first quarter with an ordinary net profit of €354 million and an Ebitda of €1.07 billion. The period has been marked by the recovery of international activity, while operations inside Spain continued to be under pressure on profit margins and there was a slight drop in demand.
UFD, la distribuidora eléctrica del grupo Naturgy, ha invertido cerca de 1.250 millones de euros en los últimos cinco años para mejorar su calidad servicio y reforzar sus infraestructuras en España.
The Chairman and Chief Executive Officer of Naturgy, Francisco Reynés, chaired the company’s Ordinary General Shareholders' Meeting, which was held earlier today in Madrid in a hybrid format (in-person and online). The shareholders approved the Annual Accounts and the Management Report for 2021, in which the forecast results were met despite a volatile energy situation.
The Board of Directors of Naturgy, at the proposal of the Management Committee, unanimously decided last week to give the green light to launch the Gemini project, which consists of a profound reorganisation of the company and represents a new step in its transformation process. The project aims at responding to the important changes that are taking place in the energy sector and that will mark its future.
Naturgy closed the 2021 financial year with an EBITDA of 3,983 million euros, up 7.2% on the previous year. The company has fulfilled its EBITDA forecasts within a volatile energy scenario characterised by a gradual recovery in demand and a significant increase in the price of commodities, both electricity and gas, especially in the second half of the year.
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