July 11, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. pipeline developer Tallgrass Energy Partners (Leawood, Kansas) is getting a new boss--this one closer to home. Blackstone Incorporated (NYSE:BX) (New York, New York) agreed to buy a 30% stake in Tallgrass from gas utility Enagas S.A. (Madrid, Spain) for $1.1 billion. Tallgrass is among the companies venturing into the growing market for hydrogen.

Industrial Info is tracking more than $2.8 billion worth of active and planned projects from Tallgrass, more than $900 million of which is attributed to grassroot efforts. Tallgrass is proposing more than $1 billion worth of hydrogen pipeline projects across the country, the biggest of which is designed to carry up to 150 barrels per day of hydrogen across the Southwest U.S.

Other companies featured: Mitsubishi Power Americas Incorporated, Texas Brine Company LLC and Newpoint Gas LLC.