BlackRock's Global Infrastructure Partners Acquires 49.99% Stake in Eni CCUS Holding in Major Carbon Capture Partnership
Reuters
Aug 18, 2025
BlackRock's Global Infrastructure Partners Acquires 49.99% Stake in Eni CCUS Holding in Major Carbon Capture Partnership
BlackRock Inc.'s Global Infrastructure Partners (GIP) has announced a new partnership with Eni, acquiring a 49.99% stake in Eni CCUS Holding. This strategic collaboration aims to enhance the deployment of carbon capture, utilization, and storage (CCUS) solutions to meet the growing demand for decarbonized energy. With GIP's expertise in midstream infrastructure and Eni's technical capabilities, the partnership will focus on advancing projects in the UK, Netherlands, and Italy, including the Liverpool Bay, Bacton, and L10 projects. The joint effort is expected to accelerate the development of critical infrastructure to capture and permanently sequester CO2 emissions, supporting global decarbonization efforts.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BlackRock Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250817264933) on August 18, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.