Unión Fenosa
Encyclopedia
Unión Fenosa, S.A., is a large Spanish
company dedicated to the production and distribution to end users of gas and electricity. It has installed capacity of 11,120 megawatts of power and 8.9 million customers. The headquarters are in Madrid
and the chairman is Pedro López Jiménez. Formerly a constituent of the IBEX 35
index, the company is a part of the Gas Natural
group.
.
Around 45% of the share
s are currently owned by Grupo ACS
. In July 2008, Gas Natural
agreed to buy Grupo ACS's stake
worth €7.6 billion.
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
company dedicated to the production and distribution to end users of gas and electricity. It has installed capacity of 11,120 megawatts of power and 8.9 million customers. The headquarters are in Madrid
Madrid
Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...
and the chairman is Pedro López Jiménez. Formerly a constituent of the IBEX 35
IBEX 35
The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles , the company which runs Spain's securities markets...
index, the company is a part of the Gas Natural
Gas Natural
Gas Natural SDG, S.A., trading as Gas Natural Fenosa, is an energy company which operates primarily in Spain but also in such countries as Italy, Mexico, Colombia, Argentina, Puerto Rico and Morocco...
group.
History
The company was founded in 1912 as Unión Eléctrica Madrileña and it traded under that name until 1970 when the name was changed to Unión Eléctrica. In 1982 it merged with Fuerza Eléctrica de Noroeste S.A. (FENOSA) to form Unión Eléctrica Fenosa. In 2000 the name was shortened to Unión Fenosa. In 2008 the company was acquired by Gas NaturalGas Natural
Gas Natural SDG, S.A., trading as Gas Natural Fenosa, is an energy company which operates primarily in Spain but also in such countries as Italy, Mexico, Colombia, Argentina, Puerto Rico and Morocco...
.
Carbon intensity
| Year | Production (TWh TWH TWH or twh could refer to:*Tennessee Walking Horse, a breed of horse* Toronto Western Hospital, a hospital in Toronto, Canada* TWH Bus & Coach, a bus company in Romford, England* Terrawatt-hour, measure of electrical energy, 1012 watt-hours... ) |
Emission (Gt CO2) | kg CO2/MWh |
|---|---|---|---|
| 2002 | 24 | 16.38 | 683 |
| 2003 | 26 | 15.1 | 584 |
| 2004 | 27 | 16.54 | 612 |
| 2005 | 29 | 16.49 | 572 |
| 2006 | 31 | 15.82 | 514 |
| 2007 | 34 | 18.2 | 535 |
| 2008 | 18 | 7.26 | 398 |
| 2009 | 29 | 9.48 | 330 |
Structure
The company has the following businesses:- Domestic generation and marketing
- Domestic distribution
- Gas
- International electrical business
- Other interests
- Indra (11%)
Shareholders
Share (finance)
A joint stock company divides its capital into units of equal denomination. Each unit is called a share. These units are offered for sale to raise capital. This is termed as issuing shares. A person who buys share/shares of the company is called a shareholder, and by acquiring share or shares in...
s are currently owned by Grupo ACS
Grupo ACS
Actividades de Construcción y Servicios, S.A. is a Spanish company dedicated to civil and engineering construction, all types services and telecommunications. It is one of the leading construction companies in the world, with projects in many countries around the world...
. In July 2008, Gas Natural
Gas Natural
Gas Natural SDG, S.A., trading as Gas Natural Fenosa, is an energy company which operates primarily in Spain but also in such countries as Italy, Mexico, Colombia, Argentina, Puerto Rico and Morocco...
agreed to buy Grupo ACS's stake
Stake
Stake may refer to:* @stake, a computer services company* Equity stake, a share or interest in a business or investment* "Stake", a tent peg* Stake -Military:* Sudis , a fortification carried by Roman legionaries...
worth €7.6 billion.