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Gas Natural SDG SA (GAS.MC)

GAS.MC on Madrid SE C.A.T.S.

18.21EUR
6:26pm IST
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€18.25
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€18.03
Volume
487,202
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Latest Key Developments (Source: Significant Developments)

Gas Natural: weather in Spain to affect FY EBITDA by 315-335 mln euros
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - GAS NATURAL SDG SA ::SAYS TO RELEASE NEW STRATEGIC PLAN 2018-2020 TOGETHER WITH 2017YE RESULTS DURING INVESTOR DAY AT END OF FEBRUARY 2018‍​.TARGETS 2018 UNDER REVIEW AS PART OF NEW STRATEGIC PLAN, TAKING INTO CONSIDERATION RECENT DEVELOPMENTS IN PORTFOLIO MANAGEMENT.SAYS AIMS TO CONTINUE OFFERING AN ATTRACTIVE SHAREHOLDER REMUNERATION.SAYS WEATHER CONDITIONS IN SPAIN WILL HAVE IMPACT OF 315-335 MILLION EUROS IN 2017 EBITDA.SEES IMPROVING OUTLOOK FOR Q4 DRIVEN BY RECOVERY OF SUPPLY PRICES.  Full Article

Gas Natural 9-month net profit down 14.7 pct YoY
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - GAS NATURAL SDG SA ::9-MONTH NET PROFIT 793 MILLION EUROS VERSUS 930 MILLION EUROS YEAR AGO.9-MONTH EBITDA 3.14 BILLION EUROS VERSUS 3.58 BILLION EUROS YEAR AGO.9-MONTH NET SALES 17.94 BILLION EUROS VERSUS 16.58 BILLION EUROS YEAR AGO.SAYS MAINTAINS OUTLOOK FOR NET PROFIT BETWEEN 1.30 BILLION EUROS AND 1.40 BILLION EUROS FOR FY 2017‍​.SAYS FY NET PROFIT OUTLOOK IS MAINTAINED SUBJECT TO CLOSING OF SALE OF OPERATIONS IN ITALY.  Full Article

Gas Natural sells assets in Italy with capital gains of 190 mln euros
Friday, 13 Oct 2017 

Oct 13 (Reuters) - GAS NATURAL SDG SA ::SAYS HAS REACHED AGREEMENT WITH 2I RETE GAS FOR SALE OF ITS GAS DISTRIBUTION BUSINESS IN ITALY FOR TOTAL OF 727 MILLION EUROS.REACHES AGREEMENT WITH EDISON TO SELL ITS 100 PERCENT STAKE IN GAS AND ELECTRICITY SUPPLY COMPANY 'GAS NATURAL VENDITA ITALIA' FOR 293 MILLION EUROS.SAYS TRANSACTIONS EXPECTED TO GENERATE POST-TAX CAPITAL GAINS OF ABOUT 190 MILLION EUROS.  Full Article

Gas Natural to invest over $178 million in Mexico
Tuesday, 27 Sep 2016 

Gas Natural SDG SA (Gas Natural Fenosa) : Said on Monday plans to invest over $178 million by 2020 to expand distribution networks of natural gas in Mexico .Sees to improve the penetration level of natural gas in Mexico from 7 percent to 30 percent.  Full Article

Spain's Repsol confirms mulling stake sale in Gas Natural
Thursday, 1 Sep 2016 

Spain's Repsol : Says exploring alternatives around its stake in Gas Natural . Says along with Criteria is talking with various investors on possibility of each selling around 10 percent of the gas company . Says study of disinvestment options in early stages, no decision has been taken as of yet Further company coverage: [REP.MC] (Reporting By Madrid Newsroom) ((jesus.aguado@thomsonreuters.com;)).  Full Article

Spain's Criteria Caixa confirms studying stake sale in Gas Natural
Thursday, 1 Sep 2016 

:Spain's Criteria Caixa says along with oil company Repsol is in contact with various investors to each sell 10 percent of Gas Natural Full Article

Gas Natural to invest 0.8 mln euros in renewable energy project in Australia
Tuesday, 30 Aug 2016 

Gas Natural SDG SA : Says through the unit Global Power Generation and in collaboration with National University of Australia and ActewAGL Distribution it will develop a pilot project in Australia to connect electricity and gas grids .Says it will invest about 800,000 euros in the project.  Full Article

Gas Natural's GPG wins contract for 91 MW wind farm in Australia
Tuesday, 23 Aug 2016 

Gas Natural SDG SA : Says Global Power Generation (GPG) has secured a 20 year term Feed-in Tariff for 91 MW in the Crookwell 2 wind farm project to be built in the state of New South Wales, in the Australian Capital Region (ACR) . The award was announced by the Government of the Australian Capital Territory (ACT) in accordance with the provisions of its Next Generation Renewables Auction launched on April 1 . GPG will invest over AUD 177 million (about EUR 120 million) to build the Crookwell 2 Wind Farm and associated investments in the ACT, and plans to start operations during the second half of 2018 . This will be the first investment of GPG in Australia and the Asia-Pacific region . GPG is 75 percent owned by Gas Natural, the remaining 25 percent ownership being held by the Kuwait Investment Authority (KIA) Further company coverage: [GAS.MC] (Gdynia Newsroom) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)) Keywords: (URGENT).  Full Article

Gas Natural unit wins 858 GWh/year electricity generation contract in Chile
Thursday, 18 Aug 2016 

Gas Natural SDG SA : Says through the unit Global Power Generation (GPG) it has won an electricity generation contract in Chile to supply 858 GWh of renewable energy per year .Says the unit will invest 325 million euros ($367.6 million) to develop two projects: a wind farm of 204 MW and a photovoltaic solar plant of 120 MW.  Full Article

Gas Natural reaches 94.5 pct of Gas Natural Chile, sells 56.6 pct of Gasco
Monday, 8 Aug 2016 

Gas Natural SDG SA : Says it has sold 56.6 percent of Gasco SA shares for 220 million euros ($243.7 million) to Grupo Perez Cruz .Says Gas Natural Fenosa Chile SA has acquired 37.9 percent of Gas Natural Chile SA for 306 million euros, reaching a 94.5 percent stake.  Full Article

Egypt to award 12-cargo LNG tender to Gas Natural Fenosa, Swiss traders -trade sources

LONDON, Nov 6 Egypt is expected to award its 12-cargo liquefied natural gas (LNG) tender to Spain's Gas Natural Fenosa and three Swiss-based trading houses for supplies in the first quarter of 2018, trade sources said.