KARACHI: Hub Power Holdings Limited (HPHL), a wholly owned subsidiary of The Hub Power Company Limited (Hubco), together with ENI’s local employees (in a 50:50 joint venture), has executed definitive agreements to acquire all the upstream operations in Pakistan of ENI and renewable energy assets owned by ENI in Pakistan. ENI is a global energy…
LONDON: SSE has entered into an agreement to sell a 10% stake in the first two phases of Dogger Bank Wind Farm to Eni for an equity consideration of £202.5m, subject to adjustments for interest on closing. SSE intends to use the proceeds to enable delivery of its low carbon growth plans. Divesting this stake…
KARACHI: Reon Energy Limited has announced the completion of the 10 MW captive solar power project for Eni, through its’ subsidiary Eni New Energy Pakistan, at Bhit, Sindh. The solar photovoltaic plant will free up the gas used in self-generation whilst optimizing operational costs. The 10 MW plant is expected to produce approximately 20 GWh…