Fusion Moves Closer to Market Italian energy major Eni has agreed to purchase more than $1 billion worth of electricity from Commonwealth Fusion Systems’ (CFS) first commercial-scale fusion power plant,...
Eni has signed an agreement to sell a 49.99% stake in its carbon capture, utilization and storage subsidiary, Eni CCUS Holding, to Global Infrastructure Partners (GIP), the infrastructure arm of...
Azimut Group and Eni Next have announced a strategic collaboration to launch a €100 million European Long Term Investment Fund (ELTIF), targeting high-potential startups and scale-ups driving clean energy innovation....
Eni and BMW Italia have signed a Letter of Intent to jointly accelerate the decarbonization of road transport through biofuels and electric mobility infrastructure. The partnership centers on Hydrotreated Vegetable...
Italian energy giant Eni has sold a 20% stake in its retail and renewables arm, Plenitude, to U.S. alternative investment firm Ares Management Corp. for approximately €2 billion ($2.3 billion)....
Versalis, the chemical subsidiary of Italian energy giant Eni, has inaugurated a demonstration plant in Mantova, Italy, showcasing its proprietary chemical recycling technology, Hoop. The technology enables the transformation of...
Eni has signed an exclusivity agreement with Global Infrastructure Partners (GIP), a BlackRock-owned infrastructure investor, to advance the sale of a 49.99% co-control stake in Eni CCUS Holding. The agreement...
Eni and the UK Government have reached financial close on the Liverpool Bay Carbon Capture and Storage (CCS) project, marking the official green light for construction. The initiative is central...
Eni is preparing to sell a second minority stake in Plenitude, its renewables and retail arm, expecting the business to be valued above €10 billion ($11B), including debt. “We have...