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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Eni Spa | BIT:ENI | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.114 | 0.77% | 14.968 | 14.91 | 14.976 | 14.972 | 14.84 | 14.86 | 6,014,785 | 02:01:08 |
From May 2019 to May 2024
By Giulia Petroni
Eni SpA said Thursday that it has set up a joint venture with CDP Equity SpA to produce electrical power from renewable sources in Italy.
The Italian oil-and-gas major said the JV, named GreenIT, will produce energy mainly from photovoltaic and wind plants. The aim is to reach an installed capacity of around 1,000 megawatts and have more than 800 million euros ($950.6 million) of cumulative investments by 2025.
Eni holds 51% of the new venture, while CDP Equity holds the remaining 49%.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
March 11, 2021 05:25 ET (10:25 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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