Eni and Cassa Depositi e Prestiti to form a joint venture in an €83m deal.

Eni, an integrated energy company, and Cassa Depositi e Prestiti, Italy’s national promotional institution, agreed to form a joint venture focused on renewable energy and circular economy initiatives in Italy, in a €83m deal. “We have signed an agreement of strategic importance. The partnership with Cassa Depositi e Prestiti gives us great strength to continue on the path towards a future of more sustainable energy that embraces the circular economy. We have already taken some very important steps on this ambitious and pragmatic path, but we cannot reach this goal alone. A system must be created at a national level to promote a culture of sustainability and circularity across institutions and within the national economic framework, establishing the common factors of investment and expertise. Today’s agreement sets the stage for this to happen," Claudio Descalzi, Eni CEO.