Navantia to acquire a 5% stake in Enagás Renovable from Enagás.

Navantia, a Spanish state-owned shipbuilding company, agreed to acquire a 5% stake in Enagás Renovable, a renewable energy company, from Enagás, a natural gas transmission company. Financial terms were not disclosed. "This agreement represents a great opportunity for Navantia Seanergies and a firm commitment to contribute to decarbonisation, to collaborate with key players in the field of renewable gas, and to promote, as a driving company, the entire value chain and to create sustainable employment," Ricardo Domínguez, Navantia President.