Eni (E) Boosts UK's Decarbonization With HyNet North West
Eni(E) Zacks Investment Research·2024-03-22 17:36
Eni SPA (E) received a significant boost in its decarbonization efforts in the United Kingdom, with the government granting a Development Consent Order (“DCO”) for the HyNet North West carbon dioxide (CO2) pipeline.The decision enables Eni to proceed with constructing, operating, and maintaining a crucial infrastructure aimed at transporting CO2 from various capture plants to safe storage locations.The HyNet North West project is a groundbreaking initiative, marking the first Anglo-Welsh cross-border applic ...