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Naturgy Energy Group, S.A., alongside its subsidiaries, is a diversified energy company deeply involved in the natural gas value chain, encompassing its supply, liquefaction, regasification, transport, storage, distribution, and sale. The company segments its operations into Energy and Network Management, Renewables and New Business, Supply, and other activities. Beyond its core gas business, Naturgy also handles regulated gas and electricity distribution, engages in the sale and maritime transport of liquefied natural gas, manages gas pipelines and conventional thermal power generation…
The move from CVC comes after a BlackRock-owned fund in March sold its entire stake in Naturgy, raising $3.3 billion.
Spanish power company Naturgy reported on Wednesday a first-quarter net profit of 530 million euros ($620 million), about 5% higher than a year ago, beating the median forecast by analysts polled by LSEG of 525 million euros, on higher power generation and energy prices.
Naturgy Energy Group, S.A. (GASNY) Shareholder/Analyst Call Transcript
Spain's Criteria has bought a 2.5% stake in energy firm Naturgy for 611 million euros, lifting its holding to 28.5%, the Spanish holding company said on Tuesday.
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