Tallgrass Energy Acquires Stake in Escalante H2 Power
Tallgrass Energy LP announced that it has closed on the purchase of a 75 percent membership interest in Escalante H2 Power. EH2 Power is developing a first-of-its-kind hydrogen-to-power project at Tri-State Generation and Transmission Association, Inc.’s Escalante Generating Station near Prewitt, New Mexico, by converting the retired coal-fired power plant into a clean hydrogen-fired power generating facility.
Tallgrass acquired its membership interest in EH2 Power from Denver-based Brooks Energy Company. The ownership of Newpoint Gas, LLC will retain a 25 percent membership interest in EH2 Power and continue to partner with Tallgrass in EH2’s development of the hydrogen conversion project at the Escalante Station.