Enagas SA (ES:ENG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Enagás has successfully completed the sale of its entire stake in Tallgrass Energy LP to Blackstone, receiving $1.050 billion with an additional $50 million pending on Tallgrass obtaining an administrative authorization. This transaction is a part of Enagás’s strategic plan focusing on Spain and Europe’s supply security and decarbonization efforts.
For further insights into ES:ENG stock, check out TipRanks’ Stock Analysis page.