Enagás Renovable to invest 2.5 billion euros to push ahead with its commitment to hydrogen and biomethane.

Enagás Renovable is planning to invest 2 billion euros in CAPEX for its portfolio of mature green hydrogen projects. The company expects to develop a portfolio of approximately 1 GW, comprising both its own projects and those in which it holds a stake. Specifically, the company plans to commission approximately 250 MW by 2030, mobilising around 800 million euros in investment for projects in the construction or advanced development phase, and a further 600 MW beyond that date, with an investment of 1.2 billion euros. Additionally, another 400-450 million euros will be invested to boost the production of 1 TWh per year of biomethane.

Source: Industria química