Unión Fenosa

{{Infobox company | name = Unión Fenosa, S.A. | logo = Ufenosalogo.png | caption = | trading_name =  | native_name =  | native_name_lang =  | romanized = | former type = | type = | traded_as = {{BMAD|ES0181380710|UNF}} | industry = Energy | genre =  | fate = | predecessor = Unión Eléctrica | successor = Gas Natural Fenosa, now Naturgy | foundation = Madrid, Spain ({{Start date|1982|11|23}}) | founder = | defunct = {{End date|2009}} | location_city = | location_country = | locations =  | area_served = | key_people = {{ubl|Pedro López Jiménez, Chairman|Honorato López Isla, CEO}} | products = | production = | services = | revenue = € 7,189 million (2008)<ref name="AR2007">{{cite web |url=http://www.unionfenosa.com/webuf/wcm/connect/0b7817004cd6ca1da4b4be0fc97a9ddb/UF+Results+2008.pdf?MOD=AJPERES |title=Annual Results 2008 |access-date=2009-02-16 |publisher=Unión Fenosa |archive-date=2020-10-11 |archive-url=https://web.archive.org/web/20201011185614/http://www.unionfenosa.com/webuf/wcm/connect/0b7817004cd6ca1da4b4be0fc97a9ddb/UF+Results+2008.pdf?MOD=AJPERES |url-status=dead }}</ref> | operating_income = € 1,675 million (2008)<ref name="AR2007" /> | net_income = {{profit}} €1,194 million (2008)<ref name="AR2007" /> | aum =  | assets = | equity = | owner = | num_employees = 12,780 (2008)<ref name="AR2007" /> | parent = | divisions = | subsid = | homepage = {{URL|http://www.unionfenosa.es}} | footnotes = | intl = | bodystyle = }}

'''''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.<ref>[http://www.unionfenosa.es/webuf/ShowContent.do?contenido=ECOI_04_03 Quarterly Report] {{webarchive|url=https://web.archive.org/web/20070703041154/http://www.unionfenosa.es/webuf/ShowContent.do?contenido=ECOI_04_03 |date=2007-07-03 }}</ref> 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.

==History== [[Image:Aerogenerador Unión Fenosa.jpg|thumb|left|Unión Fenosa´s aerogenerator]] 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.<ref>[http://spanishbusinessnews89.blogspot.co.uk/2008/11/gas-natural-buys-on-stock-market.html Gas Natural buys on the stock market another 3% of Fenosa]</ref>

=== Carbon intensity === {| !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 |---- |}

{{See also|List of European power companies by carbon intensity}}

==Structure== The company had the following businesses: * Domestic generation and marketing * Domestic distribution * Gas * International electrical business * Other interests ** Indra (11%)

==Shareholders== Prior to 2008 around 45% of the shares were owned by Grupo ACS.<ref name=uf>{{cite web|url=http://www.unionfenosa.es/webuf/ShowContent.do?contenido=ECOI_10_01&audiencia=1 |title=Shareholder information |publisher=Unión Fenosa |access-date=2008-08-03 |url-status=dead |archive-url=https://web.archive.org/web/20060517175538/http://www.unionfenosa.es/webuf/ShowContent.do?contenido=ECOI_10_01&audiencia=1 |archive-date=May 17, 2006 }} </ref> In July 2008, Gas Natural agreed to buy Grupo ACS's stake worth €7.6 billion.<ref name=reuters1> {{cite news | url = http://uk.reuters.com/article/innovationNews/idUKL018303020080730 | archive-url = https://archive.today/20130201205708/http://uk.reuters.com/article/innovationNews/idUKL018303020080730 | url-status = dead | archive-date = February 1, 2013 | title = Gas Natural to buy ACS's 45 percent Fenosa stake | author = Carlos Ruano | publisher = Reuters | date = 2008-07-30 | access-date = 2008-08-03}} </ref><ref name=powerengineering>{{cite news | url = http://pepei.pennnet.com/Articles/Article_Display.cfm?Section=ARTCL&SubSection=Display&PUBLICATION_ID=6&ARTICLE_ID=335944 | title = Gas Natural to take over Union Fenosa | publisher = Power Engineering | date = 2008-08-01 | access-date = 2008-08-03 | archive-date = 2008-10-04 | archive-url = https://web.archive.org/web/20081004082746/http://pepei.pennnet.com/Articles/Article_Display.cfm?Section=ARTCL&SubSection=Display&PUBLICATION_ID=6&ARTICLE_ID=335944 | url-status = dead }}</ref>

==References== {{Reflist}}

==External links== * [http://www.unionfenosa.es '''Unión Fenosa''' website] {{Webarchive|url=https://web.archive.org/web/20201127013727/http://www.unionfenosa.es/ |date=2020-11-27 }}—{{in lang|es}} (company defunct in 2009). * [https://web.archive.org/web/20110713032500/http://www.infrabeat.com/2008/07/02/union-fenosa-looking-to-invest-in-india/ :Union Fenosa Investing in India" (2008)] * [http://www.globalissues.org/news/2010/03/13/4839 "Union Fenosa´s ongoing dispute in Guatemala" (2010)]

{{DEFAULTSORT:Union Fenosa}} Category:Public utilities of Spain Category:Defunct electric power companies of Spain Category:Defunct energy companies of Spain Category:Companies based in the Community of Madrid Category:Energy companies established in 1982 Category:Non-renewable resource companies established in 1982 Category:Non-renewable resource companies disestablished in 2009 Category:Spanish companies established in 1982 Category:Spanish companies disestablished in 2009 Category:Companies formerly listed on the Madrid Stock Exchange