Spain’s Naturgy to Build $344 Million Australia Renewables Plant

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Spain's Naturgy Energy Group plans to invest $344 million in Australia to develop its largest renewable energy project combining solar power and battery storage. This investment represents significant growth in renewables within the Australian energy sector.

Spanish energy firm Naturgy Energy Group SA said its Australian unit will invest more than 300 million euros ($344 million) to build its largest renewables project in the country, combining solar power and battery storage.