Enagás completes the sale of 30% of its renewable energy subsidiary to Hy24, the joint venture of Ardian and FiveT Hydrogen

enaga completed the entry into its renewable energy subsidiary -Enagás Renovable- of Hy24, a “joint venture” formed by Ardian and FiveT Hydrogen, who will have a share of 30% equity, The company informed the National Securities Market Commission (CNMV). Specifically, Enagás completed a capital increase in Enagás Renovable to include Hy24, which represents the largest clean hydrogen infrastructure investment platform in the world.

The group led by Arturo Gonzalo Aizpiri will retain 70% of the share capital of Enagás Renovable, while Hy24, through the Clean H2 Infra fund, owns the remaining 30%. Additionally, the company announced that the board of Enagás Renovable will be chaired by Marta Margarita professional with extensive experience in the energy sector and secretary general of Sedigas until 2021, and will have Antón Martínez, until now director of Enagás Renovable y Servicios, as general manager.

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