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Spanish gas and power utility Naturgy said on Wednesday it expects full-year core profit to climb at least 3%, after growth for its regulated distribution networks division helped offset pressure in parts of its energy markets business.
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.
BlackRock
Spain's Naturgy has 10.95 billion euros ($13 billion) in Russian liquefied natural gas purchase commitments that may be affected from 2027 by a European Union ban on Russian LNG, its annual report showed.
Naturgy Energy Group, S.A. (GASNY) Q4 2025 Earnings Call Transcript
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