LEADING ENERGY PLAYER Gas Natural Fenosa of Spain is one of Spain’s leading energy players, pioneering gas and electricity integration and also looking at the development of nuclear energy. Its operations span more than 25 countries worldwide, covering Europe, North Africa, the Americas and Australia. Piotr Sadowski reports.
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fter the acquisition of the electricity company Unión Fenosa, the third largest in the Spanish market, the group has successfully integrated the country’s gas and electricity businesses into a single entity. With its extensive experience in the energy sector, Gas Natural Fenosa is able to operate successfully across many different global markets. “We offer services to over 20 million customers on five continents, delivering 15.4 GW of installed power and a diversified mix of electricity generation,” says José Antonio Herrera, Nuclear Director at Gas Natural Fenosa
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Engineering. “The group is continuously expanding and is currently aiming at its largest international acquisition ever, and the biggest ever in Latin America. The goal is the purchase of CGE SA, the biggest distributor of electricity and gas in Chile, which serves 2.5 million customers and distributes 40 per cent of electricity in the Chilean market including serving part of the capital, Santiago de Chile.”
Strong presence in Spain and Europe Gas Natural Fenosa serves both the domestic and industrial markets for the distribution of electricity and gas, both in Spain and
across international markets. It is the third biggest distributor of gas and electricity on the Iberian market, with close to 9 million connection points. In the gas distribution sector, the group operates through companies operating in ten autonomous communities. Its Spanish electricity business, on the other hand, includes electricity generation through nuclear power stations, hydro plants, coalfired, fuel-gas and combined cycle plants – operating under the so-called ‘ordinary regime’. It also generates electricity under the ‘special regime’, including wind farms, mini hydroelectric and cogeneration plants.
