Naturgy

Naturgy launches strategic plan

Naturgy’s chairman asserts that Spain’s Energy Plan is obsolete

Francisco Reynés, executive chairman of Naturgy, considers that the National Integrated Energy and Climate Plan (PNIEC) has already become obsolete given the pace at which the energy sector and the international landscape are evolving. “The National Integrated Energy and Climate Plan, from my perspective, has already become obsolete. Even the latest update lies far behind, not so much in terms of time, but when compared to all the events that…


Gas Natural becomes Naturgy

Naturgy’s profit rises 6% to €1,215 million in first half of 2026

Naturgy reported a net profit of €1,215 million in the first half of the year, representing a 6% increase compared to the same period last year. The company also upgraded its 2026 forecast, targeting record earnings of more than €2,100 million for the full year, according to a company announcement. Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the country’s largest gas company and third-largest power utility stood at…


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Naturgy’s Board ends era of reinforced majorities and welcomes Enrico Letta and Anke Groth

By Consejeros Editorial Team Following CVC’s exit from Naturgy’s shareholder base, the Board has received the resignations of its three shareholder representatives Javier de Jaime, Marta Martínez and José Antonio Torre de Silva, as well as shareholder representative Nicolás Villén, who represented the Australian fund IFM. At the same time, it has co-opted, at the fund’s own proposal, the German Anke Groth as a new shareholder representative. Alongside Groth –…


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CVC exits Naturgy following accelerated placement of 11.08% at €28.55 per share (4.64% discount)

CVC sells its 13.8% stake and exits Naturgy’s share capital, having carried out an accelerated placement aimed at institutional investors in which it successfully placed 11.08% of the shares at a price of €28.55 per share, representing a 4.6% discount on Tuesday’s closing price. Reported by Consejeros Editorial Team On Tuesday at market close, CVC commissioned the sale of an 11.08% stake in Naturgy via a book-building process. The price…


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Naturgy emerges from hibernation thanks to cost savings and simplification of shareholding structure

Analysis by Morgan Stanley Arthur Sitbon (analyst) highlights that Naturgy has a unique opportunity within the sector to pivot towards growth, supported both by the flexibility of its balance sheet and the recent simplification of its shareholding structure, whilst new analysis on cost savings and growth levers reinforces the view that the company can improve its EPS growth profile, placing medium-term earnings above the consensus. In this context, he believes…


Naturgy

Naturgy posts strong operating performance in Q1 2026: €530 million profit will help shield company against current energy market volatility

Renta 4 | Solid operational performance across all divisions, driving single-digit mid-range EBITDA growth, led by strong performance in energy management, thermal generation and renewables. By division: In Spain, as expected, lower demand and gas prices are offset by higher electricity prices. The LAtAm networks, although affected by exchange rates, improve our outlook due to higher tariffs. The energy management business, despite low exposure to gas prices due to hedging,…


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Naturgy to invest at least €1.218 billion to upgrade and digitise its electricity network in Spain by 2029

Link Securities | UFD, the Naturgy group’s electricity distribution company, will invest a minimum of €1.218 billion by 2029 to strengthen and digitise its electricity network in Spain, according to sources familiar with the matter who spoke to the newspaper Expansión. The newspaper notes that this historic plan will be expanded if the government removes the network caps. The main objective of this investment is to strengthen the infrastructure to…


Naturgy will be able to undo the provisions for hyperinflation and devaluation of the peso

Iberdrola, Naturgy and Endesa face new competition: JP Morgan enters direct electricity retail market in Spain via Sonnedix

Norbolsa | The renewable energy platform controlled by JPMorgan Asset Management is finalising a new strategic plan under which it intends to enter the direct electricity retail market. In addition to developing and managing renewable energy facilities, it will now also market its own and third-party electricity, competing with major electricity companies such as Iberdrola, Naturgy and Endesa. Although it is an international platform with a presence in nine countries,Sonnedix…


naturgy poetica

Naturgy commissions six new solar power plants in Andalusia, bringing renewable capacity in region to over 600 MW

Link Securities | Naturgy (NTGY) announced on Wednesday the commissioning of six new solar power plants in Andalusia, located in the provinces of Seville and Jaén, enabling it to double its renewable capacity in the region, according to Bolsamanía. The facilities, which can be integrated with battery storage, add an additional 300 MW to the group’s portfolio and increase Naturgy’s operational renewable capacity in the region to over 600 MW….


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CriteriaCaixa takes advantage of GIP-BlackRock’s accelerated placement to snap up another 2.5% of Naturgy’s capital for €611 million

Link Securities | CriteriaCaixa, the holding company that manages the assets of Fundación La Caixa, has acquired an additional 2.5% of Naturgy (NTGY) capital for €611 million, taking advantage of the accelerated placement that GIP-BlackRock carried out between Monday and yesterday on the capital market, according to Expansión. As a result, CriteriaCaixa now holds 28.5% of Naturgy’s capital and is entitled to another seat on the Board of Directors.