naturgas

Naturgas energia

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Meet us - Introduction

Naturgas Energia is an energy group which aims to supply gas and electricity to businesses and individuals at competitive prices. Transmisision and distribution of gas are carried out within a regulated market, whereas the marketing of gas and electricity is carried out within a free market.

At the end of 2009, the Group had 681,297 service points in the regulated market and provided 626.625 customers with gas and 41.471 with electricity in the free market. Its facilities are located in eight autonomous communities, specifically in the Basque Country, Asturias, Catalonia, Castile and Leon, Extremadura, Madrid, Murcia and Navarre.

The network of the gas pipes of Naturgas Energía amounts to over 5.600 kilometres and 1.009 million euros revenue in 2007. The company leads the gas market in the Basque Country and in Asturias, and it is the second electricity company in the Basque Country. It has more than 300 employees and is integrated in HC Energía, formerly Hidrocantábrico, of the EDP Group.


PHOTOGRAPH OF THE CORPORATE HEADQUARTERS
Naturgas Energía Grupo, S.A. Plaza Pío Baroja, 3 48001 Bilbao Tel.: 94 403 57 00
Other centres
  • Oviedo, central office: Plaza de la Gesta, 2 33007 Oviedo Tel.: 902 830 100
  • San Sebastián, central office: Churruca, 10 - Bajo 2004 Donostia-San Sebastián Tel.: 943 00 45 40
  • Vitoria-Gasteiz, central office: San viator s/n 01009 Vitoria Tel.: 945 16 30 00 / 10

History

In 2003 naturgas energia Group, formerly Naturcorp, was a public company comprised of four gas entities which operated in the field of natural gas distribution in the Basque Country.

The Basque Government decided to privatize the Group, which was carried out by means of a public tender. Hidrocantabrico won the privatization tender and took over the majority of the shares in the former Grupo Naturcorp.

In July 2004, The Portuguese EDP (Energias de Portugal), shareholder of Hidrocantábrico, acquired an important additional stake and gained control over 95% of Hidrocantabrico Group, presently hc energía.

Between 2005 and 2006, Naturgas Energía concluded the process of taking over the local Basque gas distributors, by acquiring Gas Hernani, Gas Pasaia, Bilbogas and Gasnalsa. The company invested 82 million euros and integrated the networks and human teams to the structure of the Group.