Leading Catalan electric and natural gas company Gas Natural Fenosa has bought 10% of Medgaz, a submarine gas pipeline between Algeria and Europe that provides natural gas to the south of Europe. The pipeline has a capacity of transporting eight...
A Scottish multinational has asked permission from the Spanish Ministry of Industry in order to look for hydrocarbons on the Catalan coast, in front of the Costa Brava and Maresme areas. This request has been made shortly after another company,...
This pioneering energy plant, located in western Catalonia, will generate 22.5 megawatts of power, the equivalent of the electricity supply to 27,000 houses. The hybrid system combining solar thermal and biomass energy enables the production of...
The Catalan multinational company will provide Gail, the largest gas distributor in India, around 3 bcm of liquefied natural gas for three years. This quantity represents 10% of Spain’s annual gas consumption. Gas Natural Fenosa refused to...
The Catalan company counterbalanced its fall in the Spanish market with benefits from international sales. Foreign market activity contributed 42% of the profit from the first quarter to Gas Natural Fenosa, in contrast to 36.6% in 2011.
The Barcelona-based energy company’s net profit growth is due to a business increase in Latin America and the synergies created after the merger of Gas Natural with Unión Fenosa.
The Catalan company opts for sustainable energy and internationalisation to get through the economic difficulties. With this move, Baxiroca hopes to become Europe’s major supplier. The plant has cost 4 million euros and will export 80% of its...
The Catalan energy company reduced its debt to 54.4%, thanks to disinvestments. Gas Natural Fenosa ended the first nine months of the year with a net profit 0.3% lower than that in the same period in 2010. However, taking into account the effect...
The Barcelona-based energy multinational and the Catalan Government have signed a cooperative agreement. The Catalan President Artur Mas emphasised that the Catalan multinational “is rising to what the country needs” in the current economic...
