Reported 3 days ago
BlackRock's Global Infrastructure Partners (GIP) has entered an exclusivity agreement to purchase a 49.99% co-controlling stake in Eni's carbon capture, utilization, and storage (CCUS) operations. This acquisition will support GIP's expansion in green infrastructure while Eni aims to develop a comprehensive platform of CCUS projects. The deal reflects Eni's strategy to streamline its operations and enhance funding for new initiatives amid a global shift towards decarbonization.
Source: YAHOO