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Eni has finalized the sale of a 49.99% equity stake in Eni CCUS Holding to Global Infrastructure Partners (GIP), granting both entities joint control of the carbon capture and storage (CCS) business. The transaction, first disclosed in August 2025, includes operations in the UK, specifically the Liverpool Bay and Bacton projects, and the L10-CCS project in the Netherlands.

GIP also has the right to acquire Eni's remaining 50% interest in the Ravenna CCS project in Italy. This partnership is part of Eni's strategy to attract external capital into its lower-carbon initiatives through a satellite model, while maintaining operational oversight. The deal has received all necessary regulatory approvals and is expected to enhance Eni's position in the CCS sector, a critical technology for reducing emissions in hard-to-abate industries.