Naturgy completed the acquisition of Hamel Renewables from consortium of investments.

Naturgy, a Spanish multinational natural gas and electrical energy utilities company, completed the acquisition of Hamel Renewables, a solar and energy storage development platform in the US, from Macquarie, Candela Partners and Green Investment Group. Financial terms were not disclosed. "This transaction is a considerable step forward towards achieving our strategic objectives. In addition to this, we incorporate a portfolio of excellent projects in different stages of maturity, as well as a first-class team with a proven track record in the development of projects," Francisco Reynés, Naturgy Executive Chairman.