Naturgy

Naturgy

In-depth: Naturgy, its strategic pivot gives it +43% vs Ibex -8%

José Benito de Vega | Naturgy has enjoyed a very positive stockmarket evolution since the beginning of 2018, in which period its value has increased 43% compared to an 8% fall of the IBEX35. There are various factors behind his positive performance compared to the index, which was accentuated following the presentation of its Strategic Plan in June 2018. However, after the positive evolution of its shares, it is trading with elevated multiples and at a premium to the European sector which, in our opinion, does not take account of the regulatory risk.


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Naturgy will invest nearly 1 billion euros in renewables growth in Spain

Alphavalue | The energy multinational Naturgy in the period 2018-2019 will invest a total of 955 M€ in the development of rentable Energy in Spain, which will make the company increase this year 82.8% its installed potential in renewables compared to 2018. In an interview with Efe, the director of Naturgy Renewable Development in Spain, Carlos González Samano, has said that “the details of these investments will be substantiated in…


Naturgy expects to invest 2 billion €, 70% in Spain

Naturgy Expects To Invest 2 Billion Euros, 70% In Spain

Naturgy expects to invest 2 billion euros during 2019, of which 70% will be destined for Spain: almost 1 billion euros in new renewable installations, 175 million euros for electricity networks and another 220 million euros in gas networks. This was announced by the company’s president, Francisco Reynes, during a press conference prior to the General Assembly of shareholders held in Madrid yesterday.



Naturgy enters the TOP 5 of independent renewable operators in Australia

Naturgy Enters The Top 5 Independent Renewable Operators In Australia

Australia has awarded to a subsidiary of Naturgy a total of 180 MW installed capacity in a windpower project located approximately 150km from the city of Melbourne. The wind farm is expected to contribute gross operating profits (Ebitda) of approximately 22 million euros when it is in full operation.



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Naturgy Launches Strategic Plan

Recently renamed Naturgy, Gas Natural has presented its Strategic Plan 2018-2022 to analysts in London. In this new stage, the company will carry out radical changes in its share holding and leadership.


Gas Natural becomes Naturgy

Gas Natural Will Seek Purchases And Mergers After Becoming Naturgy

The general shareholders meeting of Gas Natural yesterday approved the change of name of the company, baptized Naturgy Energy Group. The group thus relaunches itself at the moment when it wants to take part in the corporate dance taking place in the energy sector. Gas Natural is passing through an historic phase, with drastic changes among its shareholders and leadership and with the design of a strategic plan for 2022.