Investments

The expansion of the distribution network into the municipalities adjacent to the company’s territory represents the main vector of the growth strategy

The group’s investment in fixed assets, through different projects carried out during the financial year, has reached a figure of 22.1 million euros.

Regarding the key characteristics, the group’s investments in 2015 can be grouped into two large areas:

Expansion

The company’s strategy is focused on the expansion of its distribution network, through the connection to the latter of new customers within its territory and the expansion of its territory to new adjoining municipalities.

Following this strategic vector, MRG has invested a total of 19 million euros in the expansion of its distribution networks, an increase of 23% with respect to the previous financial year.

As well as the steady expansion into the group’s consolidated territory, an investment has been made for the gasification of new municipalities, such as Guadalix de la Sierra, Talamanca del Jarama and Torrelaguna, through the construction of liquefied natural gas plants.

Other projects

This section highlights the investments made into the development of information systems and technical improvements in the group’s other areas, and the telematic tracking of all automatic systems of the distribution network.

The company’s strategy for the next few years will continue to focus on strengthening the growth of its current distribution network to adjoining municipalities, within the territory in which MRG operates, which do not currently have a natural gas supply, as well as the acquisition of new supply points in the MRG area of operations.