Eni in exclusive talks with GIP for sale of 49.99% of carbon capture unit-February 2024-www.financetom.com

Eni in exclusive talks with GIP for sale of 49.99% of carbon capture unit

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Eni in exclusive talks with GIP for sale of 49.99% of carbon capture unit

May 27, 2025 4:44 AM

MILAN, May 27 (Reuters) - Eni has entered

exclusive talks with BlackRock's ( BLK ) 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.

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