NEW YORK--(BUSINESS WIRE)--Global Infrastructure Partners (âGIPâ), a part of BlackRock and one of the worldâs leading infrastructure investors, announced today that it has entered into a definitive agreement to acquire a 49.99% interest in Eni CCUS Holding (âEni CCUSâ), a leading global platform in the carbon capture, utilization, and storage (âCCUSâ) sector. Eni CCUS currently encompasses the Liverpool Bay and Bacton projects in the UK, the L10 project in the Netherlands and has the option to
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How will the acquisition of a 49.99% stake in Eni CCUS affect the valuation and future cash flows of ENI?
What are the potential market reactions and price volatility for ENI shares surrounding the announcement?
How does this partnership with Global Infrastructure Partners position ENI against competitors in the CCUS sector and influence its longâterm growth strategy?