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Eni SpA has agreed to sell a 50% stake in its carbon capture and storage business to BlackRock Inc.’s Global Infrastructure Partners, valuing the unit at roughly €1 billion ($1.2 billion), according to people familiar with the matter. The deal underscores rising investor interest in low-carbon technologies as energy companies seek partners to fund capital-intensive decarbonization projects. Further financial details were not disclosed, and the transaction remains subject to customary closing conditions.
Eni SpA’s deal to sell half of its carbon capture and storage unit to BlackRock Inc.’s Global Infrastructure Partners will likely value the business at around €1 billion ($1.2 billion) - Bloomberg
Eni SpA’s deal to sell half of its carbon capture and storage unit to BlackRock Inc.’s Global Infrastructure Partners will likely value the business at around €1 billion ($1.2 billion), according to people familiar with the matter. https://t.co/F9srey0cM9
Eni's deal to sell half of its carbon capture and storage unit to BlackRock's Global Infrastructure Partners will likely value the business at around €1 billion https://t.co/jIuNQ9VHMg
