Reported 2 days ago
Eni S.p.A. is negotiating exclusively with Global Infrastructure Partners to sell a 49.99% co-control stake in its carbon capture subsidiary, Eni CCUS Holding. This move aims to enhance Eni's investments in energy transition and leverage its decarbonization assets, which include key projects in the UK and Netherlands. GIP's investment will likely extend beyond just the stake purchase, further expanding the CCUS platform. The partnership reflects strong market interest in carbon management solutions as Europe ramps up its climate goals.
Source: YAHOO