Blackstone Infrastructure to acquire a 30.2% stake in Tallgrass Energy from Enagás for $1.1bn.

Blackstone Infrastructure, an active investor across sectors, including energy infrastructure, agreed to acquire a 30.2% stake in Tallgrass Energy, an energy infrastructure company, from Enagás, an energy company and European transmission system operator, for $1.1bn. "With the rotation of the stake in Tallgrass Energy, Enagás strengthens its balance sheet to undertake with guarantees the execution of the investment plan in renewable hydrogen infrastructure, included in the European Union’s list of Projects of Common Interest and complying with the mandate of the Royal Decree-law 8/2023 that designates Enagás as provisional manager of the Hydrogen Backbone Network," Enagás.