Naturgy Energy Group Stock

Naturgy Energy Group, S.A. engages in the exploration and development, liquefaction, re-gasification, transportation, storage, distribution, and commercialization of natural gas in Spain and internationally.

Segments

The company operates through Gas Distribution, Electricity Distribution, Gas, Electricity, and Other segments.

Gas Distribution

This segment encompasses the regulated gas distribution business in Spain and Latin America. The Gas Distribution business in Spain includes the regulated gas distribution activity, the services for third-party access to the network, as well as the activities related to distribution. This also includes the liquefied petroleum gas business.

The Gas Distribution business in Latin America (Argentina, Brazil, Chile, Mexico and Peru) includes the regulated gas distribution activity and sales to customers at regulated prices. In Chile the gas supply and commercialization business is also included.

Electricity Distribution

This segment encompasses the regulated electricity distribution business in Spain and Latin America. The electricity distribution business in Spain includes the regulated electricity distribution business, network services and other activities related to third party access to the distribution network. The Electricity Distribution business in Latin America consists of the regulated electricity distribution activity in Argentina, Chile, and Panama.

Gas

This segment includes the activities derived from Gas Infrastructures, Marketing and Unión Fenosa Gas. The infrastructures business includes the gas exploration, production and storage activities. It also covers the regasification process and the operation of the Maghreb-Europe gas pipeline.

The marketing business groups together the wholesale gas supply and sale activities both in the liberalised Spanish market and abroad, the gas sale business and the sale of other products and services related to retail sales in the liberalised market in Spain, as well as the sale of gas at the last-resort tariff in Spain. It also includes the sea transport business.

Electricity

This segment includes electricity generation and sale in Spain and the International Electricity business. The Electricity business in Spain includes electricity production activity through combined cycle, coal, nuclear, hydro, co-generation and wind farm plants. and other special regime technologies, the supply of electricity to wholesale markets and the wholesaling and retailing of electricity in the deregulated Spanish market and the supply of electricity at the small consumer voluntary price.

The International Electricity business mainly includes the company’s international generation activities in Latin America (Mexico, Costa Rica, Dominican Republic, Panama, Brazil, Chile and Puerto Rico, the latter consolidated using the equity method through EcoElectrica, L.P.) and other countries (Australia).

Other

This segment includes the exploitation of the coal field owned by Kangra Coal (Proprietary), Ltd. in South Africa.

History

The company was founded in 1843. It was formerly known as Gas Natural SDG, S.A. and changed its name to Naturgy Energy Group, S.A. in June 2018. The company was incorporated in 1843.