Latest Gas Natural Stories

2011-05-20 02:34:00

LONDON, May 20, 2011 /PRNewswire/ -- Actis, the pan-emerging markets private equity investor, has reached an agreement with GAS NATURAL FENOSA, a leading multinational in the gas and electricity sector, to acquire a group of companies dedicated to the transportation and supply of electricity to 1.4m customers in Guatemala in a transaction worth US$345m plus assumed debt. The core of the business lies in its two electricity distribution and supply companies, DEOCSA and DEORSA;...

2010-10-05 09:10:00

GREAT FALLS, Mont., Oct. 5 /PRNewswire-FirstCall/ -- Gas Natural Inc. (NYSE Amex: EGAS) (the "Company" or "Gas Natural"), a natural gas utility company serving approximately 62,000 customers in six states, today announced that on September 29, 2010 it expanded its Board of Directors from seven to eight members and appointed John R. Male to fill the resulting vacancy. Mr. Male previously served as Chairman and CEO of PVF Capital Corp, a NASDAQ-traded bank holding company for Park View...

2010-07-09 09:45:00

GREAT FALLS, Mont., July 9 /PRNewswire-FirstCall/ -- Energy, Inc. (NYSE Amex: EGAS) (the "Company"), a natural gas utility company serving approximately 62,000 customers in six states, announced today that it has completed its reincorporation from Montana to Ohio and changed its name to Gas Natural Inc. The reincorporation was approved at the June 30, 2010 Annual Meeting of Shareholders and was effective as of July 9, 2010. Kevin J. Degenstein, President and Chief Operating Officer of...

2009-06-18 10:15:00

One of Repsol's Ten Key Growth Projects NEW YORK, June 18 /PRNewswire-FirstCall/ -- Repsol (NYSE: REP) enters the U.S. and Canadian natural gas markets with significant supply capabilities for local distribution companies, power generators and other retailers. Repsol could supply as much as 20 percent of the natural gas market in the northeast U.S. from Canaport LNG and other gas holdings. The LNG facility has a firm sendout capacity of 1 Bcf/day, enough to heat 5 million homes....

2008-10-22 09:00:35

Gas Natural Cegas, the distribution company of Gas Natural, has reaffirmed its commitment to invest in the expansion of distribution network in the community of Valencia, Spain. Following the construction of the Villalonga-Gandia-Oliva and Orihuela-Redovan-Benejuzar-Torrevieja pipelines, expected to be completed in 2008, 82% of the Valencia community will have gas coverage and more than 300,000 additional residents will be able to benefit from the advantages of natural gas.

2008-10-14 09:00:38

Gas Natural Castilla-La Mancha has announced that it will invest E4.9 million to extend natural gas supplies in Miguelturra, Spain, over the next four years. The company will also invest E620,000 in 2008 to improve customer installations in the town and adapt the appliances to operate with natural gas. Gas Natural Castilla-La Mancha had acquired the distribution network for piped propane gas in Miguelturra in August 2008 from Cepsa Gas Licuado.

2008-10-10 09:00:45

The Federal Competition Commission of Mexico has authorized Gas Natural to acquire the combined-cycle power plants operated by Union Fenosa in Mexico, as part of Gas Natural's purchase of 100% of the Spanish electricity company. The acquisition will enable the new group to generate 3,724MW of rated output. Gas Natural currently has 2,233MW in combined-cycle plants following the acquisition of five power plants from EDF in 2007. Union Fenosa has 1,491MW of rated output in combined-cycle...

2008-08-20 06:00:26

Gas Natural has reported that it invested E40 million in the autonomous Spanish community of Catalonia in the first half of 2008, bringing supplies to three new municipalities, extending the network to new clients in towns which already have gas services, and renovating the existing distribution network. The company has connected the municipalities of Castelltercol, Gelida and Castellgali to the Catalan pipeline network, as planned for 2008. Gas Natural said that it provides services to...

2008-08-15 06:00:35

Gas Natural has signed an agreement with Swiss financial services company UBS for the future acquisition of 47.07 million Union Fenosa shares, corresponding to 5.15% of the voting rights. The operation, which is structured via an equity swap, will allow the Spanish gas company to finalize it either through a cash settlement or through the delivery of shares in a physical settlement, this latter option being subject to obtaining the necessary authorizations. The agreement establishes a...

2008-08-08 12:00:40

Gas Natural has reached an agreement to sell 19.6% of its Argentine subsidiary Gas Natural BAN's shares to Grupo Chemo, a company headed by Leandro Sigman. The final selling price is $56 million. Gas Natural will retain its majority holding in Gas Natural BAN, at 50.4%, and in its sales and services companies, and will continue to control the company. The finalization of the agreement is subject to the results of the due diligence process and the signing of the final purchase agreements....

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