Eni in Talks to Sell Stake in Green Unit to Norwegian Fund - Sources
Apr 05,2024 | DAXTROMNSOLAR
Italian energy company Eni is reportedly discussing the sale of a stake in its green unit, Eni Green Power, to the Norwegian fund Equinor, according to sources. The potential deal would involve Equinor acquiring a 50% stake in Eni Green Power for more than 1 billion euros ($1.2 billion). Eni Green Power focuses on renewable energy projects, including solar and wind power, and aims to have a capacity of 60 GW by 2050. The sale of a stake in Eni Green Power aligns with Eni's strategy to shift towards cleaner energy sources and reduce its carbon emissions.
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The news of Eni discussing the sale of a stake in its green unit to Equinor highlights the importance of green investments and the transition towards renewable energy. As companies like Eni work towards reducing their carbon footprints, partnerships and collaborations with renewable energy funds and investors become crucial. The potential stake sale not only demonstrates Eni's commitment to cleaner energy sources, but also the growing interest and support for green projects in the industry.
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