Enagás SA has agreed to sell its 30.2% share of Tallgrass Energy Partners to Blackstone Infrastructure Partners for $1.1 billion, intending to bolster its balance sheet for investments in renewable hydrogen infrastructure. This move aligns with Enagás' role as the provisional manager of the European Union’s Hydrogen Backbone Network. The sale is part of the company's asset rotation process outlined in its 2022-30 strategic plan, which prioritizes decarbonization and security of energy supply in Spain and Europe. Enagás has also divested its interests in various energy assets, such as the GNL Quintero terminal in Chile and gas pipelines in Mexico, while acquiring stakes in the Trans Adriatic Pipeline and the Hanseatic Energy Hub GMBH in Germany. These strategic transactions aim to support the development of energy hubs and renewable hydrogen infrastructure. Notably, Enagás has been active in Spain, purchasing Reganosa's gas pipelines while selling its stake in the El Musel terminal in Gijón to strengthen energy integration and renewable hydrogen production in the region. These efforts contribute to Spain's ambition to become a prominent player in the European renewable hydrogen sector and facilitate the establishment of hydrogen corridors for future sustainable energy transportation.