Eni announced Monday the incorporation of Eni Sustainable Mobility, its new company dedicated to sustainable mobility. The company is vertically integrated along the entire value chain, bringing together services and products that support the energy transition and accelerate the path to net zero emissions throughout their entire life cycle.
Eni Sustainable Mobility will develop bio-refining,
biomethane and the sale of mobility products and services in Italy and abroad,
on a path that will enable the company to evolve into a multi-service,
multi-energy company. The company incorporates existing bio-refining and
biomethane assets, including the Venice and Gela bio-refineries, and will
oversee the development of new projects, including those at Livorno and
Pengerang in Malaysia, which are currently under evaluation.
Eni Sustainable Mobility will also incorporate a network of
over 5,000 sales points in Europe to market and distribute a number of energy
carriers, among them hydrogen and electricity, as well as fuels of organic
origin including biomethane and HVO (Hydrogenated Vegetable Oil), in addition
to other mobility products such as bitumen, lubricants and fuels. These
stations will also support Eni’s other mobility-related services such as the
Enjoy car sharing service, food services and stores close to Eni’s retail
outlets.
Eni CEO Claudio Descalzi said: “This new company will join
Plenitude and become the second strategic lever supporting our energy
transition pathway, which targets eliminating Scope 3 emissions. These have
been the most significant part of our emissions and the most difficult to
eliminate as they are generated by customers by using our products. Through
this operation, we will integrate and unlock new value from our industrial
initiatives, products and services based on innovative technologies that will
form a unique and decarbonized mobility offering”.
The CEO of Eni Sustainable Mobility is Stefano Ballista,
formerly Sustainable Mobility Director at Eni Energy Evolution. Eni Sustainable
Mobility is directly controlled by Eni, which holds 100% of its share capital.