Eni Finalizes Sale of 49.99% Stake in CCUS to GIP
Deal News | Aug 19, 2025 | Finance Community IT - 1 Corporate M&A
Eni, the global leader in energy, has entered into an agreement with Global Infrastructure Partners (GIP) for the sale of a 49.99% stake in Eni CCUS Holding. This strategic move was advised by JP Morgan, serving as the sole financial advisor. The focus of Eni CCUS is on maximizing potential in Carbon Capture, Utilization, and Storage (CCUS) projects across various regions, including key projects in the UK and potential expansions in the Netherlands and Italy. This agreement, which highlights a partnership with a prominent infrastructure investor such as GIP, aims to enhance Eni’s capacity to deliver extensive decarbonization solutions. With Claudio Descalzi, CEO of Eni, expressing optimism about this strategic partnership, the completion of this operation awaits regulatory approvals. This marks an important step in consolidating the CCUS business model and expanding Eni's energy transition initiatives.
Sectors
- Energy
- Infrastructure Investment
- Financial Advisory
Geography
- Italy – Eni is headquartered in Italy, and part of the CCUS project expansion involves Italian territories.
- United Kingdom – Significant CCUS initiatives like the Liverpool Bay project are based in the UK.
- Netherlands – Future projects and expansion plans include the Netherlands, where the L10-CCS project is located.
Industry
- Energy – Eni, as an energy company, and its focus on CCUS projects intersects directly with the energy sector, emphasizing the ongoing transition to sustainable energy solutions.
- Infrastructure Investment – Global Infrastructure Partners' involvement underlines the infrastructure investment aspect, focusing on large-scale projects in energy infrastructure.
- Financial Advisory – JP Morgan's role as a financial advisor highlights the financial services industry involvement in facilitating major corporate transactions.
Financials
- 49.99% stake – The percentage of Eni CCUS Holding sold to Global Infrastructure Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Eni | Seller | Company | An Italian multinational oil and gas company, leading the transaction by selling part of its CCUS business. |
| Global Infrastructure Partners (GIP) | Buyer | Company | A leading global infrastructure investment manager acquiring a significant stake in Eni's CCUS business. |
| JP Morgan | Financial Advisor | Company | Providing exclusive financial advisory services to Eni in this transaction. |
| Claudio Descalzi | CEO | Person | The Chief Executive Officer of Eni, commenting on the strategic benefits of the partnership. |