Eni and GIP Finalize 49.99% Stake Partnership in Eni CCUS Holding
- Eni and GIP closed the sale of a 49.99% stake in Eni CCUS Holding.
- The deal was first announced in August 2025.
- Eni CCUS Holding operates CCS projects in the UK, Netherlands, and Italy.
- The transaction received all necessary legal approvals.
Partnership Finalized
Eni and Global Infrastructure Partners (GIP) have finalized the sale of a 49.99% stake in Eni CCUS Holding, a key player in the Carbon Capture and Storage (CCS) sector. This agreement, initially announced in August 2025, grants joint control of the company to both parties.
Operational Projects
Eni CCUS Holding manages several CCS projects, including Liverpool Bay and Bacton in the UK, and the L10-CCS project in the Netherlands. Additionally, the company has the option to acquire a 50% stake in the Ravenna CCS project in Italy, with potential for further expansion in the medium to long term.
Strategic Implications
The entry of GIP as a co-investor supports Eni's strategy in the CCS sector, enhancing the industrial potential and value of its project portfolio. This partnership aligns with Eni's ambition to be a leading global player in carbon capture and storage.
Regulatory Approvals
The transaction has received all necessary legal approvals, ensuring compliance with regulatory requirements.
Source: Eni