Enagás to invest 4.035 billion euros to 2030 with green hydrogen central to its growth.
At the presentation of its 2025-2030 Strategic Update, Enagás has announced an investment of 4.035 billion euros over the next six years, of which 3.125 billion will be allocated to the deployment of renewable hydrogen infrastructure, enabling a compound annual EBITDA growth of 9.5% between 2026 and 2030.
The company has also presented its results for 2024, a key year for the future of Enagás in the hydrogen sector as a result of the milestones achieved within the framework of the European H2med hydrogen corridor and its participation in numerous working groups and innovation projects, both nationally and in Europe. Specifically, Enagás is a member of GERG (the European Gas Research Group), the Spanish Hydrogen Technology Platform, Hydrogen Europe and the Aragon Hydrogen Foundation.
Additionally, in 2024, the company reduced its CO2 emissions by 22.5%, meeting its decarbonisation targets and its commitment to be a zero-emissions company by 2040.
With the 2025-2030 Strategic Update, Enagás is preparing for a new stage of growth based primarily on hydrogen. The company plans to increase its hydrogen assets to the point where they exceed its natural gas assets by 2030, demonstrating its commitment to the energy transition. To promote hydrogen and other relevant vectors, Enagás has announced the creation of Scale Green Energy, which will focus on CO2 initiatives, bunkering and small-scale LNG and bioLNG, renewable hydrogen for mobility and renewable ammonia.
