Eni announces new company dedicated to sustainable mobility

Italy’s Eni announced 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. 

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.

Eni Sustainable Mobility will develop bio-refining, biomethane and the sale of mobility  products and services in Italy and abroad, to 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, Italy, and  Pengerang in Malaysia, which are currently under evaluation. 

Eni Sustainable Mobility  will also incorporate a network of more than 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 hydrogenated vegetable  oil (HVO), 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. 

“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,” said Eni CEO Claudio Descalzi.