Naturgy
SECTOR: Energy and Environment
Registered Global Reach
PanamaBrazilBelgiumMexicoChilePuerto RicoItalyEgyptAlgeriaSpainAustraliaEuropeChinaUnited StatesKenya
History of International Operations
| Date | Operation Summary | Key Figures / Investment | Destination Country |
|---|---|---|---|
| 2026-07-22 |
Naturgy reports a net profit of €1.215 billion, driven by its business model and debt management. These results provide the company with the flexibility to capitalize on new international investments and expansion opportunities, reaffirming its commitment to the global energy transition.
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Net profit: €1.215 billion. EBITDA: €2.975 billion. Net debt: €11.745 billion. Installed clean energy capacity: 8,4 GW. | |
| 2026-07-16 |
Naturgy will invest more than €300 million in Australia to develop its largest hybrid solar and battery storage project, Fraser Coast, in Queensland. The plant will combine 330 MW of solar power and 180 MW of storage, with operations scheduled to begin in 2028.
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Investment exceeding 300 million euros; 330 MW of solar energy; 180 MW of battery storage; Operation in 2028; 10-year PPA. | Australia |
| 2026-07-09 |
Naturgy, through its subsidiary Nedgia, and Italgas have signed a strategic alliance to strengthen gas networks as a key asset in the European energy transition, fostering cooperation between Spain and Italy.
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Spain, Italy | |
| 2026-06-03 |
Naturgy, through its subsidiary Global Power Generation, has launched two new photovoltaic plants (Glenellen and Bundaberg) in Australia, adding 360 MW and raising its installed capacity in the country to 1,3 GW, consolidating its leadership in renewable energy.
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New photovoltaic projects Glenellen and Bundaberg. Combined added capacity: 360 MW. Naturgy's total installed capacity in Australia: 1,3 GW. | Australia |
| 2026-05-25 |
Naturgy will invest more than 300 million euros by 2030 to expand and modernize its gas network in Nuevo León, Mexico, seeking to strengthen its strategic position and meet growing industrial and residential demand.
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More than 300 million euros until 2030 | Mexico |
| 2026-05-25 |
Naturgy will invest more than 300 million euros by 2030 in the expansion and modernization of its gas network in Nuevo León, Mexico, to strengthen its strategic position and meet growing industrial and residential demand.
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Investment exceeding 300 million euros until 2030 | Mexico |
| 2025-12-23 |
Naturgy has added seven new battery storage projects in Spain, securing €39 million in European funding. This brings its portfolio to 16 installations, consolidating its leadership in energy storage and contributing to the national energy transition.
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Funding obtained: €39 million. Total estimated investment: €140 million. Total cumulative power: 260 MW. Total storage capacity: 689 MWh. | Spain |
| 2025-12-23 |
Naturgy has added seven new battery storage projects in Spain, securing €39 million in European funding. This brings its portfolio to 16 installations, consolidating its energy leadership and backed by its global experience, including in Australia.
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Financing of 39 million euros, total investment of 140 million euros, 7 new projects (100 MW of power, 359 MWh of capacity), total portfolio of 16 facilities (260 MW of power, 689 MWh of capacity). | Spain, Australia |
| 2025-11-14 |
Naturgy reinforces its long-term commitment to Panama, announcing investments of more than $500 million for the modernization and expansion of its electricity distribution infrastructure and the development of renewable energy projects, consolidating its presence in the country.
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Future investments of more than $500 million; Past investments exceed $1.600 billion; $300 million loan; Generates more than 3.000 jobs. | Panama |
| 2025-11-14 |
Naturgy reinforces its long-term commitment to Panama, announcing investments of more than $500 million to modernize and expand its electricity distribution infrastructure and develop renewable energy projects, consolidating its presence in the country.
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Projected investment of more than $500 million; past investments exceed $1.600 billion; loan of $300 million; generates more than 3.000 jobs. | Panama |
| 2025-11-11 |
Naturgy secured a $300 million loan from the EIB, guaranteed by Cesce, to modernize and strengthen Panama's electricity grid. The project aims to improve reliability and efficiency, integrate renewable energy sources, and facilitate connections for new users in Panama.
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$300 Million | Panama |
| 2025-11-11 |
Naturgy has secured a $300 million loan from the EIB, guaranteed by Cesce, to modernize and strengthen Panama's electricity grid. The project aims to improve reliability and efficiency, and integrate more renewable energy sources into the country.
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$300 Million | Panama |
| 2025-06-27 |
Naturgy, through GPG, has implemented PanelTrack in Brazil, an innovative technology for the real-time management of solar panels, improving operational efficiency and maintenance. It has also raised environmental awareness.
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Brazil | |
| 2025-06-27 |
Naturgy, through GPG, has implemented PanelTrack in Brazil for real-time management of solar panels, improving operational efficiency. In addition, GPG promotes environmental awareness in the Sobral I region by participating in events and donating seedlings.
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Brazil | |
| 2025-05-22 |
Naturgy has opened a new office in Brussels, Belgium, to strengthen its European presence. The office aims to actively participate in the dialogue on the energy transition and defend the interests of its customers in the European Union.
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Belgium | |
| 2025-05-22 |
Naturgy has opened a new office in Brussels, Belgium, to strengthen its European presence, actively participate in the dialogue on the energy transition and defend the interests of its customers in the European Union.
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Belgium | |
| 2025-04-02 |
Naturgy has inaugurated its first hybrid photovoltaic and battery storage project in the world in Australia, the Cunderdin project, after an investment of 172 million euros.
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Investment of €172 million. Photovoltaic capacity of 128 MW and storage of 55 MW/220 MWh. It will generate energy for 51.000 homes and prevent 140.000 tons of CO2. It created 100 jobs. | Australia |
| 2025-04-02 |
Naturgy has inaugurated its first hybrid photovoltaic and battery storage project worldwide in Australia, the Cunderdin project. This 128 MW photovoltaic and 55 MW/220 MWh battery installation represents an investment of €172 million.
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Investment of 172 million euros; 128 MW of photovoltaic capacity; 55MW/220 MWh of battery storage; 100 jobs created. | Australia |
| 2024-12-16 |
Naturgy was awarded the 'European Health and Sport Company 2025' prize by the European Parliament, recognizing its leadership as a 'Healthy Company' and its commitment to the well-being of its employees in all its geographies.
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| 2024-12-16 |
Naturgy has been awarded the 'European Health and Sport Company 2025' prize by the European Parliament, certifying its leadership as a 'Healthy Company' and its commitment to the well-being of its employees in all its geographies.
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| 2024-12-02 |
Naturgy, through its subsidiary Global Power Generation (GPG), has secured a financing line of 2.300 billion Australian dollars to strengthen its liquidity and support the expansion of its renewable energy projects in Australia, including wind farms and hybrid plants.
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2.300 billion Australian dollars (more than 1.400 billion euros) in financing; 1 GW of projects in operation; 360 MW under construction; 510 MW ready to start construction; 1.8 GW of installed capacity in Australia. | Australia |
| 2024-12-02 |
Naturgy, through its subsidiary Global Power Generation (GPG), has secured a financing line of AU$2.300 billion. This operation aims to strengthen liquidity and support the expansion of its renewable energy projects in Australia, including new wind farms and solar plants.
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2.300 billion Australian dollars (more than 1.400 billion euros) | Australia |
| 2024-11-27 |
Naturgy, through its subsidiary Global Power Generation, has launched the Hawkesdale wind farm in Australia, increasing its renewable capacity in the country and supplying energy to Amazon for its decarbonization goals.
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With an operating capacity of 492 MW, enough to supply 320.600 homes, the park covers 2.300 hectares and will prevent the annual emission of 333.000 tons of CO₂. | Australia |
| 2024-11-27 |
Naturgy, through its subsidiary Global Power Generation, has commissioned the Hawkesdale wind farm in Australia to supply renewable energy to Amazon. This project increases Naturgy's operational capacity in the country to 492 MW.
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With an operating capacity of 492 MW, enough to supply 320.600 homes, the park covers 2.300 hectares and will prevent the annual emission of 333.000 tons of CO₂. | Australia |
| 2023-09-14 |
Naturgy and the Australian company Wildfire Energy have agreed to research and develop a technology to obtain green hydrogen from waste. The goal is to validate its industrial scalability and implement the technology in Spain and Europe, with a pilot plant in Australia.
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Naturgy has invested more than 1.500 billion euros in the development of renewable energy projects, with the aim of reaching an installed capacity of 20 GW by 2025. | Spain, Europe, Australia |
| 2023-06-07 |
Naturgy, through its subsidiary Global Power Generation, has launched its third wind farm in Australia, Berrybank 2, reaching 395 MW in renewable operation and connecting its first battery storage facility worldwide.
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395 MW in renewable operation, investment of AUD 236 million (€144 million) in Berrybank 2, target of 2.2 GW by 2025. | Australia |
| 2023-03-09 |
Naturgy is accelerating its international expansion in renewables, entering Italy with the opening of an office in Rome and the development of solar and wind projects. The company already has projects in Australia and the United States, aiming to reach 60% renewable energy generation globally.
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A 200 MW solar portfolio in Italy, plus 35 MW of battery storage. An additional 800 MW of projects identified. Investment in clean energy at least 50% higher than in 2022. | Italy, Australia, United States |
| 2023-02-02 |
Naturgy has connected its first global battery storage facility, the ACT Battery in Australia, to the grid to bolster supply and accelerate the country's energy transition.
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10 MW of power, 20 MWh of storage capacity, supplies 3.000 homes | Australia |
| 2022-09-28 |
Naturgy has inaugurated its first battery storage facility worldwide in Australia, the Queanbeyan center. This investment strengthens its international presence and contribution to the energy transition, complementing a hybrid solar project.
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Australia | |
| 2022-09-01 |
Naturgy, through Global Power Generation, will build its first hybrid project worldwide in Australia. The Cunderdin project, with 125 MW of solar power and 220 MWh of battery storage, reinforces its commitment to the Australian renewable energy market.
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Investment of 160 million euros; 125 MW of photovoltaic solar capacity; 220 MWh of battery storage. | Australia |
| 2022-05-18 |
Naturgy has started construction of its first photovoltaic plant in the United States, the 7V Solar Ranch in Texas, with an investment of 264 million euros, marking its entry into the US energy market and its largest installation of this type worldwide.
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Investment of 264 million euros; 300 MW peak power; 800 hectares of surface area; 560 GWh of electricity per year; Creation of an average of 200 jobs. | United States |
| 2021-11-17 |
Naturgy, through its subsidiary Global Power Generation (GPG), has put into operation its second wind farm in Australia, Berrybank 1, adding 180 MW of installed power and an investment of 185 million euros.
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Investment of 284 million Australian dollars (185 million euros); installed capacity of 180 MW; capacity to generate 644 GWh/year. | Australia |
| 2021-07-13 |
Naturgy and Sonatrach have agreed to bring the expanded Medgaz pipeline online, increasing its capacity by 25% to 10 billion cubic meters per year (bcm/year). This action strengthens the security of natural gas supply to Spain and the strategic alliance between the two companies.
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Investment of 90 million dollars (73 million euros) for the expansion, increasing capacity by 2 bcm/year (25% more) to 10 bcm/year. | Algeria, Spain |
| 2021-06-11 |
Naturgy, through its subsidiary GPG, has signed a long-term power purchase agreement with Telstra to build a 58 MW wind farm in New South Wales, Australia, with an investment of AUD120 million.
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Investment of AUD120 million (€76 million) for a 58 MW wind farm, creating 95 direct jobs and 6 permanent jobs. | Australia |
| 2021-01-15 |
Naturgy makes its first investment in the US renewable energy market with the acquisition of 100% of Hamel Renewables, a solar and storage development platform, as part of its international expansion strategy.
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Acquisition of an 8 GW solar project portfolio and 4,6 GW of storage. It plans to invest up to $1.800 billion to reach 1,6 GW of operational solar power by 2025. | United States |
| 2020-11-24 |
Naturgy has joined the European Clean Hydrogen Alliance, promoted by the European Commission, to boost the development of hydrogen as a growth driver. The company will contribute its expertise to strengthen the hydrogen value chain in Europe.
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The industry estimates investments of up to 430.000 billion in the next decade to develop hydrogen, with targets of 6 GW of electrolyzers in the EU by 2024 and 40 GW by 2030. | Spain, Europe |
| 2020-11-13 |
Naturgy has sold its 96,04% stake in Compañía General de Electricidad de Chile to China State Grid International Development Limited. This transaction aims to reduce Naturgy's debt and finance future investments in the energy transition.
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Sale for 2.570 billion euros; total value of CGE of 4.312 billion euros; capital gains of 400 million euros; net debt reduction of 4.000 billion euros. | Chile, China |
| 2020-10-28 |
Naturgy extends its LNG supply contract with the Puerto Rico Electric Authority (PREPA) until 2032 and the EcoEléctrica electricity generation agreement, ensuring a stable margin and reducing the volatility of its businesses.
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LNG contract until 2032, estimated annual volume of 2 Bcma (up to 3 Bcma), 530 MW combined cycle power plant supplying more than 20% of the island's electricity. | Puerto Rico |
| 2020-09-04 |
Naturgy, through its subsidiary Global Power Generation, signed a 15-year PPA with Snowy Hydro to build the 218 MW Ryan Corner wind farm in Victoria, doubling its presence in Australia and reinforcing its commitment to renewables.
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Investment of 359 million Australian dollars (219 million euros) for a 218 MW wind farm. | Australia |
| 2020-04-30 |
Naturgy has acquired 34% of Medgaz, increasing its stake to 49% and gaining joint control with Sonatrach. This strategic transaction strengthens its position in the gas pipeline connecting Algeria and Spain.
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The transaction values 100% of Medgaz at €1.300 billion, with an Enterprise Value of €1.900 billion. Annual dividends exceeding €130 million are expected from 2021 onwards. | Spain, Algeria |
| 2020-04-06 |
Naturgy has sold 100% of its subsidiary Iberafrica, dedicated to power generation in Kenya, to AP Moller Capital for $62 million, as part of its portfolio optimization strategy.
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62 million | Kenya |
| 2020-02-27 |
Naturgy, ENI, and Egypt have reached an agreement to amicably resolve the situation at Unión Fenosa Gas (UFG). The agreement involves Naturgy's withdrawal from Egypt, the end of its partnership with ENI in UFG, and a cash payment of $600 million to Naturgy.
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Naturgy will receive $600 million in cash. 100% of UFG is valued at $1.500 billion. | Egypt |
| 2019-06-21 |
Naturgy, through its subsidiary GPG, has started construction of the 180 MW Berrybank wind farm in the state of Victoria, Australia, with an investment of 168,5 million euros to supply 138.000 homes.
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Investment of 168,5 million euros; power of 180 MW; 43 turbines; 213 jobs generated. | Australia |
| 2019-03-20 |
Naturgy, through its subsidiary GPG, leads the 2018 solar ranking in Brazil with its Sertao I photovoltaic plant. The plant stands out for its high efficiency, production of 75.096 MWh and a capacity factor of 28,6%.
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Sertao I: 30 MW nominal power, 75.096 MWh production in 2018, 28,6% capacity factor, 99,5% availability, 80,2% efficiency. Sobral I: 27,8% capacity factor, 73.093 MWh production. | Brazil |
| 2018-12-27 |
Naturgy, through its subsidiary GPG, has started commercial operation of two new photovoltaic plants in Brazil (Guimarânia I & II), investing more than 95 million euros and consolidating its renewable presence in the country.
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Investment of more than 95 million euros, 82 MWp of installed power, generation of 162 GWh per year. | Brazil |
| 2018-12-11 |
Naturgy has received a prestigious S&P Global Platts Global Energy Award in New York for its DirectLink LNG infrastructure. This recognition highlights the solution as revolutionary in the international liquefied natural gas market, confirming the company's global leadership in innovation.
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United States | |
| 2018-11-05 |
Naturgy, through its subsidiary GPG, has inaugurated its first wind farm, Crookwell II, in New South Wales, Australia, with a capacity of 91 MW to supply 42.000 homes.
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Investment of 177 million Australian dollars (110 million euros); capacity of 91 MW; 28 wind turbines; 300.000 MWh/year; EBITDA of 12 million euros/year. | Australia |
| 2018-10-25 |
Naturgy's Direct Link LNG project has been awarded the "2018 Innovative Energy Project of the Year" by the Association of Energy Engineers. This floating system allows liquefied natural gas to be unloaded from ship to shore without fixed infrastructure, and has been recognized globally for its innovation.
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| 2018-09-11 |
Naturgy, through its subsidiary GPG, has been awarded a contract to build and operate a 180 MW wind farm in Victoria, Australia, tripling its presence in the country and reinforcing its renewable energy strategy.
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180 MW of power; investment of 259 million Australian dollars (166 million euros); annual EBITDA of 22 million euros. | Australia |
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