Enagas open to European regulated asset deals aligned with hydrogen-focused strategy, CEO says

Core Viewpoint - Enagas is exploring opportunities to acquire regulated energy assets in Europe that align with its hydrogen-focused strategy while ensuring the maintenance of its dividend policy and credit ratings [1] Group 1: Company Strategy - Enagas is shifting its focus towards hydrogen infrastructure and is open to M&A operations that support this strategy [1] - The company has previously divested assets in the United States, Chile, and Mexico to concentrate on Spain and Europe [1] - Enagas has cut dividends and reduced debt to finance its transition into managing hydrogen infrastructure [1] Group 2: Potential Acquisitions - Enagas is in discussions to acquire a 32% stake in Terega from Singapore's GIC, which is involved in a planned hydrogen pipeline between Spain and France [1] - The CEO highlighted that Terega is a well-known partner in daily operations and major projects, making it a suitable candidate for acquisition if conditions are favorable [1] - The company prioritizes maintaining its dividend policy and credit ratings while pursuing investment opportunities [1]