Global Infrastructure Partners to buy 49.99% stake in Eni CCUS
Global Infrastructure Partners [GIP] has confirmed its intention to buy a 49.99% stake in Eni CCUS Holding, subject to legal approvals.
Eni CCUS currently encompasses the Liverpool Bay and Bacton projects in the UK, the L10 project in the Netherlands and has the option to participate in the Ravenna CCS project in Italy – cornerstone assets aimed at decarbonising industrial clusters.
The agreement, first reported by gasworld in May, also grants Eni CCUS the right to participate in potential future projects related to Eni’s depleted oil and gas fields once the relevant regulatory and market conditions allow.
Over time, the Eni CCUS platform is expected to expand further, unlocking new business opportunities and reinforcing its contribution to decarbonisation efforts.
… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld
Register today
You’ve reached your weekly limit to access free articles!
Want to keep reading?
Please register for free and create a profile to gain access to this full article and gasworld’s daily news.
For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.
Alternatively, you can continue reading more articles as a guest on Tuesday, 26th August at 11:39AM
