Enagas SA

Enagas is the Technical Manager of the Spanish Gas System and the main carrier of natural gas in Spain. It is also certified as independent TSO by the European Union, which homologates the company to gas transmission network operators of other European countries. The company's main mission is to ensure competition and security of the Gas System in Spain. It has nearly 10,000 km of pipelines throughout the Spanish territory, three underground storage facilities located in Serrablo (Huesca), Gaviota (Vizcaya) and Yela (Guadalajara), and four regasification plants: Barcelona, Huelva, Cartagena and GijÑn. It also owns 40% of the Bilbao regasification plant. Enagàs terminals in Spain have 2,646,500 m_ of LNG storage capacity and an output capacity of 6,250,000 Nm _ / h. In 2011, the company began its international activity. Since then, it is a shareholder of TLA Altamira regasification plant in Mexico and participates in gas pipelines construction in that country. Also, it acquired a LNG terminal in Quintero, Chile, in 2012. Also, Enagàs ended in August 2012 the certification process as a Transmission System Operator (TSO), followed by the CNE and the European Commission. This certification guarantees the independence of the gas transmission grid regarding Spanish gas producers and shippers, and it is a milestone in the history of the company harmonizing it with the natural gas transmission network operators from other European countries. Currently, the company has three institutional shareholders: Sepi, Kutxabank, and Oman Oil Holdings Spain, with a 5% share each. Enagàs is one of the Spanish stock market companies with highest free float (85%). Enagà is listed in Ibex 35.