Eni Enters Exclusive Agreement with GIP for CCUS Stake Sale

Reported 2 days ago

Eni has signed an exclusivity agreement with Global Infrastructure Partners (GIP) to facilitate the sale of a 49.99% co-control stake in Eni CCUS Holding, a leader in carbon capture, utilization, and storage in Europe. The partnership aims to enhance investment in projects like Hynet and Bacton in the UK and supports Eni's strategy to attract aligned capital for further growth in new energy sectors. This follows extensive interest from global investors in Eni's CCUS initiatives, which are crucial for emission reduction and energy transition.

Source: YAHOO

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