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Eni Carbon Capture and Storage Unit Joint Control

Sector: Manufacturing (Industrial) • Location: United Kingdom, Netherlands, Italy

Source: Reuters

Project
Completed

Eni has sold a 49.99% stake in its carbon capture and storage unit to BlackRock's infrastructure fund Global Infrastructure Partners, giving the two groups joint control of the business. The unit operates projects in Britain and the Netherlands and has rights to acquire a 50% stake in a carbon capture project in Italy. This partnership aims to enhance industrial potential and support Eni's ambitio

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The project “Eni Carbon Capture and Storage Unit Joint Control” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in United Kingdom, Netherlands, Italy. Taiyo aggregates data on it from Reuters.

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Description

Description

Eni has sold a 49.99% stake in its carbon capture and storage unit to BlackRock's infrastructure fund Global Infrastructure Partners, giving the two groups joint control of the business. The unit operates projects in Britain and the Netherlands and has rights to acquire a 50% stake in a carbon capture project in Italy. This partnership aims to enhance industrial potential and support Eni's ambition in the carbon capture and storage sector.

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