H2med moving forward: the BarMar project enters a new operational phase with the appointment of a complete executive team

Following the creation of the BarMar SPV and the appointing of Francisco de la Flor García in July 2025 as CEO, the executive team is now complete. These appointments mark a decisive step in structuring the project aimed at providing a resilient hydrogen backbone for Europe, jointly with the CelZa project under the H2med corridor initiative.

This collective strengthening of the organisation, combined with the recent expansion of the H2med Alliance, underscores the project’s commitment to accelerating the European energy transition.

The project was included in the European Commission’s Delegated Act proposal on the 1^st of December 2025, presenting the 2^nd list of Projects of Common Interest (PCI) and Projects of Mutual Interest (PMI). This inclusion—alongside CelZa project (Celorico da Beira-Zamora) and key extensions such as the Spanish backbone, HY-FEN, MidHY and HySoW, confirms H2med’s maturity and significant progress. It is now firmly positioned as a complete hydrogen backbone connecting southwestern Europe to consumption centers in Central Europe.

To achieve this ambition, BarMar has appointed a highly experienced leadership team comprising five key executives:

Francisco de la Flor (CEO). With over 35 years in the energy and natural gas industries, has held various roles and responsibilities in commercial, technical, procurement, international, planning, regulatory, and public affairs within Enagás and other companies. Mr. de la Flor currently chairs the Group of Experts on Gas at the UN ECE and is a member of the Executive Committee and Council of the IGU. He is involved in GII GNL, LNG 2026 Programme Committee, and the Investment Committee of BIAC/OECD. Previously, he served as President of Gas LNG Europe and was a board member of GIE, ENTSOG, NGVA, Marcogaz, and Sedigas. LinkedIn

Manuel Bonnier appointed Chief Operating Officer (COO). Previously Deputy Director of Asset Management at NaTran, Mr. Bonnier oversaw a workforce of 1,000 people and managed €400 million in CAPEX. His background includes leading initiatives in biomethane, and hydrogen assets management, as well as previous roles in finance, marketing, operation and dispatching at NaTran and Gaz de France. LinkedIn

François Dedieu appointed General Counsel. Previously Director of Strategy at H2V, Mr. Dedieu possesses extensive experience in regulatory affairs, commercial contracts, and partnerships. He drafted hydrogen sales contracts, negotiated co-development agreements, and oversaw tender processes for large-scale hydrogen projects. His background also includes positions at NaTran (biogas and gas grid operations) and GRDF (NGV mobility). LinkedIn

David Navas Torres appointed Chief Financial Officer (CFO). Mr. Navas Torres joins the team from Enagás, where he was responsible for financial management control. He led financial management, investment valuation, and risk supervision, as well as strategic control of international subsidiary activities. He also served as CFO of Enagás Emprende, supporting start-ups and fundraising efforts. LinkedIn

Gaël Lefeuvre appointed Financial Controller. Previously Asset and Holdings Management Coordinator at Teréga, Mr. Lefeuvre coordinated asset management and regulatory compliance, while steering financial planning and reporting for strategic projects. LinkedIn

About the infrastructure operators involved in the H2med project:

Enagás is a Transmission System Operator (TSO) with 50 years’ experience in the development, operation and maintenance of energy infrastructure. It has more than 12,000 kilometres of gas pipelines, three underground storage facilities and eight regasification plants. The company operates in seven countries. In Spain it is the Technical Manager of the Gas System and, according to the Royal Decree-Law 8/2023, Enagás may operate as provisional Hydrogen Transmission Network Operator (HTNO) and develop H2med, the Spanish hydrogen network and associated storage facilities. In line with its commitment to energy transition, Enagás has announced its goal of becoming carbon neutral by 2040, with a firm commitment to decarbonisation and the promotion of renewable gases, especially hydrogen. Find out more at: https://www.enagas.es/en/.

Press contact: Jorge Álvarez – dircom@enagas.es – (+34) 630 384 930.

NaTran is the new name of GRTgaz. In 2025, NaTran changed its name and launched a new corporate project focused on energy transition and carbon neutrality. To achieve its strategic goals, the company is adapting its networks and practices to address ecological, economic, and digital challenges. It provides infrastructure and logisitics solutions tailored to gases that contribute to the energy transition (biomethane, hydrogen and CO₂). NaTran is the second-largest gas transmission operator in Europe. The Group has two subsidiaries: Elengy (Europe’s leading LNG terminal operator) and NaTran Deutschland (operator of the MEGAL network). NaTran undertakes public service missions aimed at ensuring safe gas transport for its customers. The NaTran R&I research center (formerly RICE) is an international benchmark in research and innovation applied to the energy transition. NaTran Group key figures: 33,800 km of pipelines, 590 TWh of gas transported, nearly 3,850 employees, nearly €2.5 billion in revenue in 2024. To find out more about NaTran and its initiatives, visit NaTrangroupe.com, X, LinkedIn, Instagram.

Press contact: Chafia Baci – chafia.baci@natrangroupe.com – (+33) 6 40 48 54 40.

OGE gets gaseous molecules flowing. We create and maintain a modern, safe and efficient infrastructure for natural gas, hydrogen and CO₂. Our pipeline network with a length of more than 12,000 kilometres is fundamental to Germany’s energy supply and ensures the prosperity of our society. As the market-leading gas transmission system operator, we are a pioneer, driver and enabler of the energy transition and climate neutrality. We see ourselves as transformation consultants and service providers for industry, power plants, distribution system operators and our partners from production and politics. The OGE Group is also a future-proof, modern workplace for more than 2,000 people. In the interests of our employees and shareholders, we continually adapt our business model to ensure lastingly profitable development. For more information on the company, go to www.oge.net.

Press contact: Kristian Peters-Lach – kristian.peters-lach@oge.net – (+49) 201 3642–12622.

REN – Gasodutos, S.A. is the Portuguese gas TSO and part of REN – Redes Energéticas Nacionais, SGPS, S.A., a group of companies that integrates the Portuguese electricity TSO, as well as other gas activities concessions in Portugal such as, the Sines LNG Terminal, the underground storage and one gas distribution company. Besides its operation in Portugal, REN also has gas and electric grid assets in Chile and a share in the Cahora Bassa power plant in Mozambique. REN – Gasodutos, S.A. is responsible for the planning, design, construction, operation and maintenance of more than 1,300 km of high-pressure pipelines in Portugal and for the national gas system technical management. Find us at https://www.ren.pt/.

Press contact: Paulo Camacho – paulo.camacho@ren.pt – (+351) 929 029 187.

Teréga – Established in South-West France, at the crossroads between major European gas flows, Teréga has exercised exceptional expertise for over 80 years in the development of gas transport and storage infrastructures. Today, it continues to develop innovative solutions to overcome the major energy challenges facing France and Europe. A true accelerator of the energy transition, Teréga operates over 5,000 km of pipelines and 2 underground storage reservoirs representing 15.8% of the French gas transport network and 27% of national storage capacity. In 2024, the company generated turnover of €488 million (excluding balancing and congestion) and had more than 647 employees. Corporate social responsibility is at the heart of Teréga’s strategy, as it embarks on the energy transition to carbon neutrality. Teréga has rolled out programmes in all areas of ESG (Environmental, Social and Governance): its employee safety and its infrastructure security via the PARI 2035 programme, sustainable development of territories and social responsibility via the ENERGIZ MOUV programme, support of philanthropic projects via the Teréga Accélérateur d’Énergies endowment fund, and reduction of environmental impacts via the BE POSITIF programme with a commitment to a 34% reduction in greenhouse gas emissions by 2030 compared to 2021 on all scopes 1, 2 and 3. Find us at https://www.terega.fr/.

Press contact: Céline DALLEST – celine.dallest@terega.fr – (+33) 6 38 89 11 07.

The contents of this publication are the sole responsibility of the H2med partners and do not necessarily reflect the opinion of the European Union.