Eni in Talks to Sell 49.99% Stake in Carbon Capture Business to GIP
Published by Todd Bush on May 28, 2025
Publisher’s Note: Eni SpA will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17–20, 2025. Register to attend.
(World Oil) – Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business.
>> In Other News: Boeing Commits to Innovative Canadian Energy in Support of Canada P-8 Buy
Eni CCUS Holdings includes the Hynet and Bacton projects in the UK, L10 in the Netherlands, and has the future right to acquire the Ravenna project in Italy. In the medium-to-long term, additional prospects could be added to build a wide platform of CCUS projects.
According to the final agreement under negotiation, besides the initial acquisition of a 49.99% stake in Eni CCUS Holding, GIP will support investments in the CCUS projects.
According to Eni, this step represents another example of the development of its satellite model strategy, aiming at attracting strategically aligned capital from valuable new partners at attractive terms, confirming the value in its energy transition-related businesses and funding further growth.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
How 45Q Credits Revived This Troubled $9B Megaproject
Inside This Issue 💰 How 45Q Credits Revived This Troubled $9B Megaproject 🍁 Commencement of First Phase Operations for a Carbon Capture and Storage (CCS) Project in Canada 🤝 Haffner Energy Secures...
-
The Deal Structure Everyone's About to Copy
Inside This Issue 💼 The Deal Structure Everyone's About to Copy 📈 Exxonmobil Raises Its 2030 Plan – Transformation Delivering Higher Earnings, Stronger Cash Flow, and Greater Returns ⚡ Nextera Wor...
-
Inside XCF Global's $300M Bet to Double U.S. SAF Output
Inside This Issue ✈️ Inside XCF Global's $300M Bet to Double U.S. SAF Output ⚙️ Capsol Technologies Signs MoU with US Utility to Deploy CapsolGT® for Low-carbon Gas Power Generation 🏭 Babcock &...
Company Announcements
-
Clean Planet Technologies (CPTech), part of the Clean Planet Group, has announced that its core pyrolysis-oil upgrading process has now been formally patented in both the United States and Saudi Ar...
-
(December 12, 2025 - Oslo, Norway) Nel ASA (Nel, OSE: NEL) is pleased to announce that following a seven-year development program, and now a successful start-up and production of clean hydrogen on ...
-
Hydrogen Technology Venture Launches in Bowling Green
BOWLING GREEN, Ky. — A new tech company is coming to Bowling Green, bringing dozens of jobs to Warren County. What You Need To Know UFS ARK will be a joint venture of United Fiber Sensing and OgM...
-
HyOrc Positions Green Methanol as the Economic Solution to Shipping’s Decarbonization Challenge
HOUSTON, Dec. 12, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR), a fully SEC-reporting clean-energy company focused on decarbonizing heavy industry, today commented on the growing global...