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Eni launches joint venture to pour €800m into renewables The partnership with lender CDP Equity aims to build a renewable capacity of approximately 1GW by 2025 Image: Shutterstock Italian energy company Eni and lender CDP Equity have formed a joint venture to invest €800 million (£685m) in renewables. Named GreenIT, the venture aims to produce energy mainly from photovoltaic and wind power plants and reach an installed capacity of approximately 1GW by 2025. Eni is set to have the majority share of the enterprise. Giuseppe Ricci, General Manager of Eni’s Energy Evolution, said: “This new joint venture is part of Eni’s strategy for the energy transition and contributes to the acceleration of our transformation process towards green energy and renewable sources.

Giuseppe ricciUnited nationsEni energy evolutionGeneral managerEnergy evolutionகியூசெப் ரிச்சிஒன்றுபட்டது நாடுகள்ஜநரல் மேலாளர்ஆற்றல் பரிணாமம்