Gas Natural
Sociedad Anónima | |
Traded as | BMAD: GAS |
Industry | Natural gas utility |
Founded | 1991 |
Headquarters | Barcelona, Spain |
Key people | Isidre Fainé Casas (Chairman), Rafael Villaseca (CEO) |
Products | Supply, distribution and commercialisation of natural gas, electricity generation and distribution |
Revenue | €19.63 billion (2010)[1] |
€2.893 billion (2010)[1] | |
Profit | €1.201 billion (2010)[1] |
Total assets | €45.34 billion (end 2010)[1] |
Total equity | €12.97 billion (end 2010)[1] |
Number of employees | 18,780 (end 2010)[1] |
Website | www.gasnatural.com |
Gas Natural SDG, S.A., trading as Gas Natural Fenosa (Spanish pronunciation: [ˈɡaz natuˈɾal feˈnosa]), is a Spanish natural gas utilities company which operates primarily in Spain but also in such countries as Italy, France, Germany, The Netherlands, Belgium, Mexico, Colombia, Argentina, Puerto Rico, Moldova and Morocco.
Its main interests are the distribution of natural gas in Spain, Italy and Latin America, the generation and commercialisation of electricity in the recently liberalised Spanish market as well as in Puerto Rico, and the management of gas infrastructure. Gas Natural has approximately 10,000,000 clients and 6,700 employees, of which around 50% work in Spain. The firm is headquartered in Barcelona.
The group's largest shareholders include the Spanish bank La Caixa and oil major Repsol.
Gas Natural acquired utility company Unión Fenosa for around €16.8 billion in 2009.[2]
Headquarters
The company's new building, projected by the architects Enric Miralles and Benedetta Tagliabue, is located in La Barceloneta, a neighbourhood in the Ciutat Vella district, near Barcelona's seafront. It was officially inaugurated in 2008.