Energy
Eni in Talks With Suitors for Stake in New Carbon Capture Unit
- Italian oil company previously spun off other energy divisions
- CCS is a favored tool to reduce emissions in heavy industries
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Eni SpA is in talks with investors to sell a stake in a new carbon capture and storage division it plans to spin off, as the Italian oil and gas major has done with other two units.
The new company has attracted five or six non-binding offers for a “relevant” slice of the subsidiary, which would leave its management in the hands of the energy giant, Chief Transition & Financial Officer Francesco Gattei said in a phone interview.