Naturgy Speeds up Renewable Gas Penetration in Households along with Hercesa | hi! Real Estate

(Nedgia/Group Naturgy) The two groups sign a partnership to facilitate the supply of biomethane in homes and promote the decarbonisation of residential consumption.

The first 175 homes with this renewable gas will be in Barañain (Navarre) and building will begin in January 2024.

Nedgia, the Naturgy Group gas distributor, and Hercesa | hi! Real Estate, a leading developer nationwide and present in eight different countries, have signed a partnership to facilitate the use of renewable gases, especially biomethane, in the real estate group’s new developments in Spain.

The agreement is a giant step forward in bringing biomethane to the end consumer and a milestone in the energy transition by efficiently speeding up the decarbonisation of households.

The first developments that will include the connection equipped for the use of renewable gas will be located in Barañain (Navarre): two developments with a total of 175 homes for which construction is scheduled to begin in January 2024. The agreement between the companies also includes the possibility of bringing renewable gas to homes in Berrocales, Madrid, and to the almost 1,000 homes handed over each year by Hercesa | hi! Real Estate.

With this deal, the two companies agree on the importance of making the energy system more reliable and flexible, contributing to independence from foreign energy, as well as promoting energy solutions that help to develop the circular economy. Biomethane is destined to play a key role as the solution is already available and is more efficient than other alternatives related to the electrification of residential sector consumption.

The agreement also contemplates Nedgia advising on the different uses of renewable gas for supplying buildings with energy and the high-efficiency appliances available for renewable gas.

“We are extremely proud to be pioneers in the use of biomethane in our developments as we are committed to the circular economy generated by renewable energies, given that the commitment to our clients is to be at the forefront of environmental care”, said Juan José Cercadillo, CEO of Hercesa | hi! Real Estate.

“The gas sector is immersed in a decarbonisation process that can replace half of all consumption in Spain by adopting biomethane, so the agreement with Hercesa | hi! Real Estate is another example of our commitment to continue opting for solutions that foster an environmentally and economically sustainable energy transition through renewable gas and our distribution network”, explained Raúl Suárez, CEO of Nedgia.

About Nedgia
Nedgia, the Naturgy group gas distributor, is the leading company for natural gas distribution in Spain, where it operates in 11 autonomous regions and 1,150 municipalities. It has over 5.4 million supply points, representing 70% of consumers. Its main assets are its 57,000 kilometres of networks that enable safe and efficient supply of natural gas and renewable gas (biomethane), as well as hydrogen going forward. Innovation, proximity and customer service are part of its raison d'être, and define its activity. Nedgia remains firmly committed to renewable gases and their incorporation in gas system infrastructure. The company has six biomethane plants in operation, injecting into its infrastructure network, and an additional portfolio of around 200 projects in different stages of development that will enable it to incorporate new production of this renewable gas in the short and medium terms in Spain, the country with the third greatest potential for biomethane production in Europe.

About Hercesa | hi! Real Estate
Hercesa | hi! Real Estate offers management, construction and development services. Additionally, Hercesa Internacional, adds real estate business to the group outside Spanish borders.

Overall, the company is defined as a comprehensive real estate manager that controls all phases: residential, commercial, logistics, heritage, tertiary and industrial, offering innovative solutions with a strategic objective, to meet the needs of its clients, always with a Code of Ethics and compliance with the Sustainable Development Goals as a basis and supported by Hercesa Foundation.

Hercesa | hi! Real Estate is a leading real estate company with 450 professionals, more than 28,000 homes delivered, 33,000 clients, 50 million m2 of land developed, over 4 million m2 of tertiary, logistics and industrial land, and 500 real estate assets leased, developed in 8 countries on 3 continents. READ MORE