Enagas, a company in which the Spanish state holds a 5% stake, is undergoing a significant transformation from its traditional role as a natural gas grid operator to becoming a key player in the management of hydrogen infrastructure. This shift aligns with the Spanish government's ambitious plans to boost green hydrogen production. Enagas has announced its intention to divest its 30.2% stake in Tallgrass Energy, a U.S. energy infrastructure company, for USD 1.1 billion to fund its green hydrogen initiatives. The sale is expected to generate a capital gain of 360 million euros for Enagas. In order to achieve its hydrogen infrastructure development goals, Enagas estimates a total investment of approximately 3.2 billion euros by 2030. The company plans to focus on constructing a hydrogen trunk network within Spain and participate in the trans-European H2Med corridor project. As part of its financial strategy to support these initiatives, Enagas has reduced its dividend plans for the next three years. By the end of the decade, Enagas foresees that the value of its regulated hydrogen assets, estimated at 3 billion euros, will surpass that of natural gas assets, currently valued at around 2 billion euros. This strategic realignment underscores Enagas' commitment to transitioning towards sustainable energy solutions and leveraging the growing emphasis on green technologies in Spain and Europe.