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
-
From Louisiana to Europe: Certified Low-Carbon Ammonia on the Move
Inside This Issue 🚢 CF Industries, Trafigura, and Envalior Announce Shipment of Certified Low-Carbon Ammonia 🥤 Skytree Validates DAC System to Generate Pure, Beverage-Grade Liquid CO₂ On-Site 💻 Su...
-
What 43 CCS Projects and $3.5B Mean for U.S. Decarbonization
Inside This Issue 💰 Louisiana's $3.5B Carbon Capture Surge Sets National Decarbonization Blueprint 🌍 UN Climate Summit To Feature First-Ever Carbon Removal Pavilion At COP30 🚛 AtmosClear Selects E...
-
Inside the $26B Hydrogen Bet Starting Now
Inside This Issue 💧 Five US Green Hydrogen Projects Begin 2025 Shift to Cleaner Energy 🪨 Conestoga Energy Submits Class VI Carbon Capture & Sequestration Permit Application to EPA Region 7 ⚡ P...
Company Announcements
-
Lyon-Saint Exupéry Airport (LYS) has reached net zero emissions a year early, marking a major sustainability milestone for VINCI Airports’ global decarbonisation programme. VINCI Airports has anno...
-
Brossard, Quebec – TheNewswire – October 6, 2025 – Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“Charbone” or the “Company”), a company dedicated to building North America’s fi...
-
CF Industries, Trafigura, and Envalior Announce Shipment of Certified Low-Carbon Ammonia
NORTHBROOK, Ill., October 3, 2025 – CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, today announced a shipment of certified low-carbon ammonia from its Donaldsonvi...
-
Orlando, FL., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTC:SGTM) (“SGTM” or the “Company”), a leader in environmentally beneficial solutions, today announced the formation of...