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Enagás Finalizes Tallgrass Energy Stake Sale

Enagás Finalizes Tallgrass Energy Stake Sale

Enagas SA (ES:ENG) has released an update.

Confident Investing Starts Here:

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.

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