ENGIE’s Post

infrastructure fund III of abrdn continued expansion of Biomethane platform We are delighted to announce that, through our partnership with Blu-H Energy S.r.l (“BHE”), we have acquired two additional biogas facilities in Italy. These acquisitions are part of the partnership's strategy to acquire operational biogas assets in Italy with the goal of upgrading the facilities to produce biomethane, enabling them to benefit from Italy’s Biomethane Decree and contribute to the country’s energy transition objectives. These investments represent the platform’s third and fourth facilities, with plans to make further acquisitions in the near term. https://lnkd.in/dWcuhAhr

Eni Inks Exclusivity Agreement with KKR for Potential Stake Sale in EniLive Eni has taken a significant step forward by signing an exclusivity agreement with KKR for the potential sale of a minority stake in EniLive. This strategic move aligns with Eni's commitment to advancing its sustainable energy initiatives and optimizing its portfolio. KKR's potential investment highlights the growing interest in sustainable energy solutions and reinforces the importance of collaborative efforts in driving the energy transition. Together, they aim to foster innovation and accelerate the development of cleaner energy alternatives. #EnergyTransition #SustainableEnergy #EniLive #KKR #CleanEnergy #Innovation #EnergySector #Sustainability #InvestmentNews

U.S. investment firm KKR has entered exclusive talks with Italy's Eni over a future acquisition of a minority stake in biofuel unit Enilive. The potential price tag for Enilive is higher than market expectations in a sign of confidence by the U.S. fund on both the future of low-carbon fuels and the energy transition plan of the Italian group. #KKR #Eni #Enilive #biofuels #Satellitestrategy

KKR Deal Values Eni's Biofuel Unit Up to 12.5 Billion Euros https://lnkd.in/gmdnne9z KKR's acquisition deal with Eni places a valuation on Eni's Biofuel Unit of up to 12.5 billion Euros. This marks a significant evaluation of the unit's worth within the biofuel industry. #kkr #eni #biofuels #acquisition CEO Outlook Magazine

If you want to learn how industries come together supported with sound government policies to decarbonize a heavy emitting region. Check the effort by The Solent Cluster. ExxonMobil is contributing for the effort with integrated business, historic experience (#ccs #bluehydrogen ). The project will not only decarbonize the region but also will create new energy solutions by turning waste into value. Check https://lnkd.in/d2jny9Vh

Enagás sells $1.1bn stake in US firm to finance EU hydrogen investments: Enagás has sold its stake in a US business for $1.1bn to finance its green hydrogen investments through to 2030. #hydrogen #HydrogenNow #H2View

What will it take to energizing change in the chemical industry? Watch this engaging keynote address from Syensqo's CEO, Ilham Kadri, delivered at the Baker Hughes Annual Meeting 2024. During this keynote, Ilham Kadri shares her personal insights into Syensqo’s 160 years history of change, the organizations partnership with Baker Hughes, and the need for great collaboration across the industiral and energy sectors. Watch the highlights video below to learn more and visit our #BHAM2024 proceedings page for more great content: https://lnkd.in/gF4BvVjv #BakerHughes #Energy #EnergyTechnology #EnergyTransition #Innovation #WeAreBakerHughes #EnergizingChange

'#Hydrogen technology across #electrolysers, distribution and refuelling is not as mature as we expected on IPO': Everfuel CEO Danish #H2 supplier has walked back its ambition for €1bn in revenue before 2030 #greenhydrogen #hydrogenfuel #hydrogenmobility #hydrogenmarket #hydrogenstrategy #hydrogenproduction #hydrogenindustry https://lnkd.in/etfdAaz5

Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) has reduced its revenue guidance for the current year as it now does not expect to conclude a new licensing deal in the period. Discussions with potential partners are progressing well, said the #FuelCell and #hydrogen technology specialist, but any associated revenue won’t come through in time for 2023's numbers. As a result, 2023 revenue is expected to be approximately £20-21 million (FY 2022: £22 million), said the statement. Phil Caldwell, #CeresPower chief executive, commented: "Despite good progress commercially and growing interest in our SOEC technology, we have not been able to conclude a new license partnership in this financial year. “We remain confident of securing a new commercial partnership in the coming months and we will provide a year-end trading update in January." More at #Proactive #ProactiveInvestors #LSE #OTC #CWR #CPWHF http://ow.ly/Sipi1054mUp

🚢 Did you know that achieving just a 10% share in #shipping would necessitate approximately 70 Mt/yr of e-ammonia or e-methanol? That's 3.5 times the current global traded volume of #ammonia or double the trade in #methanol. To make this a reality, additional cumulative investments in shipping capacity ranging from USD 30-75 billion would be required. Moreover, the incremental investment for #bunkering infrastructure is projected to be in the range of USD 10-30 billion. #SustainableShipping #EFuels #RenewableHydrogen #PioneringABetterFuture🌊🛳️