Enagas SA (ES:ENG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Enagás S.A. has won an arbitration case against Peru, with the ICSID ruling that Peru must pay the company $194 million in compensation related to its investment in the Gasoducto Sur Peruano project. This decision, which includes interest and procedural costs, follows the violation of an investment protection agreement between Peru and Spain. Enagás is seeking an amicable agreement for execution of the award and reaffirms its commitment to its dividend policy and investment plans, particularly in renewable hydrogen infrastructures.
For further insights into ES:ENG stock, check out TipRanks’ Stock Analysis page.
