Ardian-backed Hy24 to invest in Enagás Renovable.

Ardian-backed Hy24, the world’s largest clean hydrogen investment platform, agreed to invest in Enagás Renovable, a renewable gases and decarbonization company. Financial terms were not disclosed. "We are very proud of this strategic partnership with Enagás. We expect this joint venture to accelerate the realisation of large green power-to-hydrogen projects in Spain to help decarbonise both industry and transport sectors. The quality of the Enagás Renovable’s team, the pipeline of projects and the unmatched position of Enagás in the energy ecosystem in Spain and other Spanish speaking territories are strong levers for sustainable value creation at the heart of the global energy transition," Pierre-Etienne Franc, Hy24 CEO.