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Eni and BlackRock’s GIP take joint control of carbon capture unit

Eni has completed the sale of 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, it said on Thursday.

The deal is part of Eni’s strategy to spin off specific businesses and bring in partners to help fund investments for those units. It hands over a bigger share than in previous deals regarding its low-carbon units Plenitude and Enilive when it limite… [898 chars]

Source: Reuters | Published: 2025-12-18T15:26:14Z

Credit: Reuters

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