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Enagás selects Emerson for digital management of Spain’s gas grid
Yahoo Finance· 2026-02-18 11:22
Group 1: Partnership and Technology Implementation - Emerson has been selected by Enagás to provide digital management solutions for Spain's energy supply stability and security [1] - Enagás is utilizing AspenTech OSI monarch SCADA and OSI Continua Pipeline Management tools for real-time energy calculations and gas tracking [2] - The digital technologies support Enagás' goal of integrating renewable gases like biomethane and hydrogen into the existing network [3] Group 2: System Enhancements and Strategic Goals - The AspenTech cloud-hosted SCADA solution aims to improve system maintenance, strengthen cybersecurity, and enhance utility operations [4] - Emerson's solutions provide Enagás with full visibility across mission-critical systems, supporting the natural gas supply for the future [5] - Enagás has announced a profit after tax of €339.1 million and an EBITDA of €675.7 million for 2025, with a 7.4% increase in demand for transported natural gas [5] Group 3: Future Projections - Enagás forecasts a recurring profit after tax of around €235 million and EBITDA of around €620 million for 2026, with an investment target of €225 million [6] - The company aims to achieve a net debt target of nearly €2.4 billion [6]