Tracked deals
3
3 tracked deals across 2024-2026.
San Donato Milanese, Lombardy, Italy
Eni is an integrated energy company active across oil and gas exploration and production, midstream and refining, and low-carbon solutions.
Tracked deals
3
3 tracked deals across 2024-2026.
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Growth capital
2 growth capital · 1 buyout
Last 2 years
Supporting Data
Eni agreed to acquire a minority stake in Canadian natural graphite producer Nouveau Monde Graphite in a $70 million investment. The deal is part of a larger capital increase at Nouveau Monde Graphite and is intended to secure access to critical graphite for battery storage and Eni’s stationary lithium battery gigafactory initiative in southern Italy.
Canada Growth Fund Inc. (CGF) entered into a definitive agreement for an approximately US$82 million private placement to support the construction and phased development of Nouveau Monde Graphite Inc.’s flagship Matawinie Mine and related refining facility. The equity financing is part of a larger ~US$633 million package and will be complemented by investments from Eni S.p.A. and Investissement Québec, as well as a concurrent bought-deal public offering of subscription receipts.
Vår Energi ASA completed the acquisition of 100% of the shares in Neptune Energy Norge AS, strengthening its position on the Norwegian Continental Shelf and adding ~67 kboepd of production and ~265 mmboe of 2P reserves. The transaction was agreed at an enterprise value of USD 2.275 billion and closed on 31 January 2024 (effective date 1 January 2023); net cash consideration paid on completion (less cash in Neptune Norway) was approximately USD 1.2 billion. The deal increases Vår Energi's scale, operatorships and gas/LNG exposure and is inter-conditional with a separate transaction in which Eni acquires the remainder of Neptune's global assets.
Turn tracked acquisition activity into an outreach-ready buyer list.