Amancio Ortega, through his investment arm Pontegadea, has just reached an agreement to buy 5% of the capital of Enagas Renovable, the subsidiary that develops green hydrogen for the technical manager of the gas system.
The operation, which represents a new commitment by the owner of Inditex to the energy sector and its entry into the hydrogen business, reinforces the objective of bringing new investors of reference into Enagas Renovable announced by the company in the presentation of its strategic plan.
On July 20, Hy24, a joint venture between Ardian and FiveT Hydrogen, which represents the largest investment platform in renewable hydrogen infrastructures in the world, entered the shareholding of Enagás Renovable, as elEconomista reported.
