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Tag: Eni
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...
Strategic Partnership for Forest Conservation Eni has signed a landmark agreement with Côte d’Ivoire’s Ministry of Water and Forests to protect and restore 14 forests across a total area of...
Key Impact Points: KKR, a leading global investment firm, has signed an agreement to acquire a 25% stake in Enilive, Eni’s mobility transformation company, for €2.94 billion ($3.2 billion). This...
Eni and Snam have launched Ravenna CCS, Italy’s first carbon capture and storage project, positioning it as a leading initiative in global carbon capture efforts. This project is a cornerstone...
Eni confirmed its decision to build Italy’s third bio-refinery in Livorno. The project, first announced in October 2022 and followed by an application for Environmental Impact Assessment (EIA) in November...
The new HPC6 supercomputer will be one of the most powerful industrial computing systems in the world, marking a major step forward in high-performance computing to support Eni’s transition from...
Plenitude has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of offshore wind projects in Spain. The agreement with...
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