Eni

Eni is an Italian energy company engaged in the exploration, production, and refining of oil and natural gas on a global scale. In 2023, Eni produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day, holding reserves of 6.4 billion barrels of oil equivalent, with 48% of these being liquids. The company is committed to sustainable practices, aiming to deliver value to shareholders and stakeholders while respecting the countries and communities in which it operates. Eni is also focusing on renewable and low-carbon energy solutions, with plans to separate this segment into a distinct entity called Plentitude, which may be publicly listed in the future.

Francesco Gattei

CFO, Finance

Past deals in Energy

Form Energy

Series D in 2021
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.

FRI-EL Group

Acquisition in 2021
FRI-EL Group is a biogas company that involves in development, construction, operation and management of plants.

Aldro Energy

Acquisition in 2021
Aldro Energy provides gas and energy efficiency solutions.

Form Energy

Series B in 2019
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.
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