| |
| BMAD: UNF | |
| Industry | Energy |
| Predecessor | Unión Eléctrica |
| Founded | Madrid, Spain (November 23, 1982) |
| Defunct | 2009 |
| Successor | Gas Natural Fenosa, now Naturgy |
Key people | |
| Revenue | € 7,189 million (2008) [1] |
| € 1,675 million (2008) [1] | |
Number of employees | 12,780 (2008) [1] |
| Website | www |
Unión Fenosa, S.A. was, until its acquisition by Gas Natural in 2009, a large Spanish company dedicated to the production and distribution of gas and electricity.
It installed capacity of 11,120 megawatts of power and 8.9 million customers. [2] The headquarters were in Madrid and the chairman was Pedro López Jiménez. Formerly a constituent of the IBEX 35 index, the company is a part of the Naturgy Energy Group.
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 the Gas Natural group. [3]
| Year | Production (TWh) | 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 |
The company had the following businesses:
Prior to 2008 around 45% of the shares were owned by Grupo ACS. [4] In July 2008, Gas Natural agreed to buy Grupo ACS's stake worth €7.6 billion. [5] [6]
TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer.
Fortum Oyj is a Finnish state-owned energy company located in Espoo, Finland. It mainly focuses on the Nordic region. Fortum operates power plants, including co-generation plants, and generates and sells electricity and heat. The company also sells waste services such as recycling, reutilisation, final disposal solutions and soil remediation and environmental constructions services, and other energy-related services and products e.g. consultancy services for power plants and electric vehicle charging. Fortum is listed on the Nasdaq Helsinki stock exchange.
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Group Sonangol is a parastatal that formerly oversaw petroleum and natural gas production in Angola. The group consisted of Sonangol E.P. and its many subsidiaries. The subsidiaries generally had Sonangol E.P. as a primary client, along with other corporate, commercial, and individual clients. In 2023, Sonangol produced 202,000 barrels of oil with an income of US$ 10.9 billion.
EDP is a Portuguese electric utilities company, headquartered in Lisbon. It was founded in 1976 through the merger of 14 nationalised electricity companies.
Endesa, S.A. is a Spanish multinational electric utility company, the largest in the country. The firm, a majority-owned subsidiary of the Italian utility company Enel, has 10 million customers in Spain, with domestic annual generation of over 97,600 GWh from nuclear, fossil-fueled, hydroelectric, and renewable resource power plants. Internationally, it serves another 10 million customers and provides over 80,100 GWh annually. Total customers numbered 22.2 million as of December 31, 2004. It also markets energy in Europe. The company has additional interests in Spanish natural gas and telecommunications companies.
Avangrid, Inc., is an energy services and delivery company. Avangrid serves about 3.1 million customers throughout New England, Pennsylvania and New York in the United States.

Galp Energia, SGPS, S.A. is a Portuguese multinational energy corporation, headquartered in Lisbon, Portugal. Galp consists of more than 100 companies engaged in every aspect of the oil and natural gas supply, hydrocarbon exploration and production; refining, trading, logistics and retailing; co-generation and renewable energy. Galp was founded in 1999 through the merger of Petrogal, Gás de Portugal and Transgás. As of 2020, it is the largest oil and gas group in Portugal, where it distributes gas and sells petrol.
ACS, Actividades de Construcción y Servicios, S.A. is a Spanish company dedicated to civil engineering, construction, all types of services and telecommunications. It is one of the leading construction companies in the world, with projects in many countries around the world. The company was founded in 1997 through the merger of OCP Construcciones, S.A. and Ginés Navarro Construcciones, S.A. The group has a presence in the United States, Germany, India, Brazil, Chile, Morocco and Australia. The headquarters are in Madrid and the chairperson is Florentino Pérez. Listed on the Bolsa de Madrid, the company's shares form part of the IBEX 35 stock market index.
Naturgy Energy Group S.A., formerly Gas Natural Fenosa, is a Spanish multinational natural gas and electrical energy utilities company, which operates primarily in Spain. The company's administrative headquarters are in Barcelona, while its legal headquarters are in Madrid.
Novatek is Russia's second-largest natural gas producer, and the seventh-largest publicly traded company globally by natural gas production volume. The company was originally known as OAO FIK Novafininvest. Novatek is based in the Yamalo-Nenets Autonomous Region in West Siberia, and maintains a head office in Moscow. In the 2020 Forbes Global 2000, Novatek was ranked as the 316th-largest public company in the world.
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Red Eléctrica de España is a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, where it operates the national power transmission system. It also holds assets in Peru, Chile and Brazil.
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EcoEléctrica is a Puerto Rican energy corporation headquartered in Peñuelas, Puerto Rico. Since the 2000s, EcoElectrica has the exclusive right to ship liquefied natural gas to Puerto Rico. Its main shareholder is GasNatural Fenosa.
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Fuerzas Eléctricas del Noroeste, S.A. (Fenosa) was a Spanish electric company based in A Coruña, Galicia.
Besós power station is a combined cycle thermoelectric plant located in Sant Adrià de Besòs, suburb of Barcelona, Spain. It consists of two 400 MW thermal units fueled with natural gas, was connected to the grid in 2002 and is owned 50% of Gas Natural and Endesa.
Pedro Jose López Jiménez is a Spanish businessman, and the vice chairman of Real Madrid football club since 2009.