Gas Natural Fenosa
“Market Cap $28.35 B As of May 2014
At a Glance
- Industry: Natural Gas Utilities
- Founded: 1843
- Country: Spain
- CEO: Rafael Villaseca Marco
- Website: www.gasnaturalsdg.es
- Employees: 14,982
- Sales: $33.15 B
- Headquarters: Madrid
#230 Global 2000
- #276 in Sales
- #343 in Profit
- #395 in Assets
- #384 in Market value
Gas Natural SDG SA engages in the exploration, liquefaction, transport, storage, distribution, and commercialization of natural gas. It operates through five segments: Gas Distribution, Electricity Distribution, Electricity Generation, Gas, and Others. The Gas Distribution segment encompasses the regulated gas distribution business in Spain, Latin America, and others. The Electricity Distribution segment covers the regulated electricity business in Spain, Latin America, and the rest of Europe. The Electricity Generation segment includes electricity production activity through combined cycle, thermal, nuclear, hydro, co-generation and wind farms. The Gas segment includes the activity arising from the gas infrastructure and the supply and commercialization of natural gas. The Other segment manages the exploitation of coal fields, activities related to fiber optic telecommunications, and other non-energy businesses. The company was founded on January 28, 1843 and is headquartered in Madrid, Spain.“
“Gas Natural Fenosa History
From 1843 to 2014. More than 170 years that have changed the history of energy in Spain. More than 170 years of innovation, energy efficiency and commitment to people and the environment, providing service to customers, fostering well-being in homes and helping companies to be more competitive. More than 170 years that back up Gas Natural Fenosa’s solidity and guarantee a more comfortable future with the smarter use of energy.
Since the beginning of its activity and throughout the more than 170 years of its history, Gas Natural Fenosa’s objective has always been to serve society and offer intelligent and innovative solutions, acting responsibly with people and in the environment. From the outset, Gas Natural Fenosa’s quality and innovation standards have made the company a pioneering, future-minded group that is committed to avant-garde technology with the aim of improving quality of life and contributing to the advancement of society.
Throughout its more than 170 years of experience, Gas Natural Fenosa has transformed the energy sector in Spain and diversified its business portfolio to become the leading integrated gas and electricity group, and has expanded its activity throughout the world. This is all thanks to organic growth as a result of mergers with other companies, always focused on offering new essential services able to transform and improve quality of life. All these milestones have today made the company a multinational leader in the energy sector in which almost 20 million customers on five continents have placed their trust.
In 1843, the company’s innovative spirit led to it commencing activity in Barcelona, bringing public lighting to the city streets for the first time. More than 170 years later, this same spirit continues to drive the company towards a future full of challenges and new opportunities.“
*Information from Forbes.com and Gasnaturalsdg.es
**Video published on YouTube by “Gas Natural Fenosa“