Key highlights
- Eni subscribed US$70 million in Nouveau Monde Graphite as part of a US$309.5 million financing round
- Investment grants Eni roughly 11.6% ownership and a board appointment right
- Transaction secures natural graphite and active anode material supply to support Eni's Brindisi Gigafactory and supply‑chain diversification
Deal details
Eni closed a US$70 million equity investment in Nouveau Monde Graphite (NMG), as part of a US$309.5 million capital raise from private investors and the public.
Stake and governance
Following shareholder approval of a private placement and closing, Eni holds about 11.6% of NMG’s share capital and has the right to appoint a board representative.
Supply and industrial integration
The investment secures access to natural graphite and active anode material, with supply volumes to be negotiated with NMG to support Eni’s Brindisi Gigafactory for stationary lithium batteries.
Strategic context
Eni positions the transaction as an entry into the critical minerals value chain and a step toward diversifying its supply chains.
