Eni in Exclusive Talks With GIP for Sale of 49.99% of Carbon Capture Unit

Tuesday, 27 May 2025

Eni in Exclusive Talks With GIP for Sale of 49.99% of Carbon Capture Unit

Eni  has entered exclusive talks with BlackRock's  infrastructure fund GIP over the sale of a 49.99% stake in the Italian energy group's carbon capture, utilisation and storage (CCSU) holding, the Italian company said on Tuesday

The move is part of Eni's strategy to develop dedicated units - or satellites - and open up their capital to investors to help them grow.

(Reuters, May 27, 2025)

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