Eni CCUS Holding is a UK-based entity established in 2024 by the international energy-tech company Eni to manage the group’s global carbon capture and storage (CCS) portfolio. This builds on Eni’s long-standing presence in the UK, where it has been operating since the 1960s, with activities spanning offshore wind, CCS, O&G and fusion energy. In December 2025, BlackRock’s GIP joined Eni CCUS Holding as a co-shareholder – a strategic partnership that reinforces the platform’s role as a leading actor in the global CCS space.

The current perimeter of Eni CCUS Holding includes the UK projects “Liverpool Bay CCS”, as the backbone of the HyNet North West Cluster, “Bacton CCS”, in the South East of the UK; and “Tellus”; as well as the “L10-CCS” project in the Netherlands, as a key storage site of the Aramis Value Chain. Furthermore, Eni CCUS Holding has the right to acquire the 50% held by Eni in “Ravenna CCS” project in Italy, the reference CCS hub for the Mediterrenean region. Eni CCUS Holding will also be able to include other potential projects within a broader platform of CCS initiatives in the medium- to long-term.

Eni CCUS Holding has developed a distinctive model that allows the development of CCS projects that are more cost-effective and quicker to implement, leveraging three distinctive elements: (1) an extensive portfolio of depleted gas fields; (2) the repurposing of existing infrastructures, where possible; and (3) the asset’s proximity to industrial clusters.