Eni (E) has received non-binding offers for a minority stake in its carbon capture and storage (CCS) unit from five parties, Reuters reported Thursday, citing sources with knowledge of the matter.
The bids came from Global Infrastructure Partners, HitecVision and Macquarie, as well as by Italy's Snam and Thailand's PTT Exploration and Production, according to the sources.
The Italian energy major previously said in 2024 it was planning to sell up to 49% of its CCS unit to secure funding for expansion.
Eni declined to comment when contacted by MT Newswires while Global Infrastructure Partners, HitecVision, Macquarie, Snam and PTTEP did not immediately respond to a request for comment.
Shares were 0.6% higher in recent trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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