Eni CCUS Holding, a joint venture between **Eni** and **Global Infrastructure Partners (GIP, part of BlackRock)**, is broadening its financing options to support its **Carbon Capture & Storage (CCS) project portfolio**. The move aims to enhance the platform’s financial stability and scalability for future deployments.
Eni partners with GIP, a firm backed by BlackRock, to advance carbon capture and storage (CCS) initiatives. The collaboration includes an option for GIP to acquire Eni’s remaining 50% stake in the Ravenna CCS project in Italy. The deal aims to strengthen Eni’s position in decarbonization efforts through strategic investments.
Global Infrastructure Partners (GIP) acquires a 49.99% stake in Eni’s carbon capture, utilization, and storage (CCUS) business from Eni SpA. The transaction transfers ownership of Eni’s CCUS operations to GIP, a subsidiary of BlackRock. The deal marks a strategic shift in Eni’s portfolio while expanding GIP’s presence in low-carbon infrastructure.
Eni sells a 49.99% stake in **Eni CCUS Holding** to **Global Infrastructure Partners (GIP)**, a BlackRock-affiliated infrastructure investor. The transaction marks a strategic move to expand carbon capture and storage (CCUS) infrastructure. GIP, a major player in global energy transition projects, acquires a near-majority interest in the venture.