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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.148 | 0.98% | 15.18 | 15.16 | 15.23 | 15.288 | 15.092 | 15.10 | 8,680,007 | 16:40:00 |
From May 2023 to May 2024
By Michael Susin
New Energy One Acquisition Corp. confirmed on Friday that is in talks with Italian energy group Eni regarding a potential combination with a portfolio of carbon-capture and storage projects.
In a statement responding to press speculation, the London-listed group said that discussions are at a very preliminary stage, and that neither the transaction nor a valuation has been agreed.
Sky News reported on Thursday that New Energy One Acquisition was in advanced talks to merge with U.K. carbon-capture and storage projects Bacton and HyNet in a deal that could be valued at around 1 billion pounds ($1.27 billion) and would create one of the most significant energy transition-focused groups to date listed in London.
Eni International B.V., a wholly-owned subsidiary of Eni, is a sponsor of New Energy One Acquisition.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
June 23, 2023 11:54 ET (15:54 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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