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Eni is selling nearly half of its carbon capture business to BlackRock's GIP fund, focusing more on oil and gas.
Italian energy giant Eni is in exclusive talks with BlackRock's infrastructure fund, GIP, to sell nearly half of its carbon capture and storage business.
The deal aims to attract investment for projects in the UK, Netherlands, and Italy, while Eni focuses on core oil and gas operations.
This move aligns with Eni's strategy to finance low-carbon initiatives and expand in renewable energy sectors.
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Eni está vendiendo casi la mitad de su negocio de captura de carbono al fondo GIP de BlackRock, para centrarse más en el petróleo y el gas.