Naturgy and Italgas have strengthened their collaboration to boost natural gas network development, according to a report by Cinco Días.
The partnership underscores a growing trend of cross-border utility cooperation as European energy firms seek to optimize infrastructure investments and enhance grid resilience across key markets.
The move comes as Italgas recently unveiled a €1 billion investment plan to expand Greece’s natural gas distribution network, signaling a strategic push into Southern European infrastructure.
The move comes as Italgas recently unveiled a €1 billion investment plan to expand Greece’s natural gas distribution network, signaling a strategic push into Southern European infrastructure.
By aligning with Naturgy, the Italian distributor aims to leverage shared expertise and resources to accelerate project execution and improve operational efficiency in the region.
This development adds to the broader narrative of European energy companies consolidating their footprint amid regulatory shifts and evolving market dynamics.
In Spain, the National Markets and Competition Commission (CNMC) has forwarded proposed regulations for gas infrastructure remuneration to the Council of State for final review, following a public consultation.