Enagas SA (ES:ENG) has released an update.
In 2024, Enagás successfully sold its stake in Tallgrass Energy for $1.1 billion to bolster its hydrogen investments and strengthen financial stability. The company reduced operating expenses by 4% and aims to decrease its financial cost of debt by 2026. Enagás also made strides in the energy transition, receiving government approval for hydrogen infrastructure projects.
For further insights into ES:ENG stock, check out TipRanks’ Stock Analysis page.
