In Italy, Reuters reports that following a first deal to sell up to a quarter of its EniLive biofuels business to KKR, inquiries have been made by another potential suitor about buying up another piece of the company, which observers say is an indication of the market’s faith in Eni’s strategy to spin out its […]
In Italy, Eni reported that Poste Italiane’s ground and air fleet will run on biofuels supplied by Enilive, Eni’s company dedicated to mobility services and products. This will accelerate Poste Italiane’s progress towards achieving its energy transition and carbon neutrality goals set for 2030, Eni said. The two companies signed a Letter of Intent to […]
In Malaysia, Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a subsidiary of Eni S.p.A.), and Euglena Co., Ltd. have finalized their investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex (PIC) in Johor, Malaysia. The joint venture, with PETRONAS Mobility Lestari Sdn Bhd (PMLSB) and Enilive as primary shareholders, aims to begin operations by […]
In Italy, Eni said it has signed a temporary exclusivity agreement with KKR, a global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in its biofuels unit Enilive, based on a valuation of the company between $12.5 […]
In Italy, Eni has signed a temporary exclusivity agreement with KKR, a leading global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in Enilive, based on a valuation of the company between 11.5 billion and 12.5 billion […]
In Ireland, Ryanair and Enilive, a company directly controlled by Eni which holds 100% of its share capital, announced on Monday that they have signed a Letter of Intent (LOI) for the long-term supply of Enilive sustainable aviation fuel (SAF) at selected Ryanair airports across Italy, further advancing the airline’s Pathway to Net Zero by […]
In South Korea, LG Chem and Eni subsidiary Enilive have signed a joint venture agreement for a new biorefinery at Daesan. The two first announced that they were evaluating a biorefinery project in September last year, and formation of a JV is the next step toward a final investment decision. The facility would process about […]
In South Korea, LG Chem and Enilive moved a further step forward to the final investment decision on the project of a new biorefinery in South Korea by signing the joint venture agreement. The agreement has been signed in Rome by Eni CEO, Claudio Descalzi, and LG Chem CEO, Shin Hak-cheol. Last September, Enilive (a […]
