Eni and Leonardo today signed an agreement for the development of joint initiatives in the field of sustainability and innovation, with the aim of encouraging the process of energy transition and decarbonisation of their activities.
The collaboration between Eni, a leading international company in the energy sector, and Leonardo, a global leader in the Aerospace, Defense and Security sectors, will develop in particular in the circular economy to promote and accelerate the energy transition and decarbonisation. in the aerospace sector, the production and use of energy from renewable sources, the energy efficiency of buildings and production plants, the recycling of materials and the valorisation of scraps and waste. In particular, the agreement provides for the experimentation and use of sustainable biofuels for aviation and joint research programs with a specific focus on e-fuels and hydrogen. The collaboration will also include the sharing of technological best practices on HSE (Health Safety and Environment) and cyber-security.
Joseph Ricci, Eni's General Manager of Energy Evolution, commented: “We are starting a strategic collaboration with Leonardo that allows us to pool key distinctive skills to further boost and accelerate the energy transition of the aerospace sector. By collaborating together we will be able to identify projects that look to the future and which we hope will lead to new business opportunities to be developed jointly in the field of environmental sustainability and the circular economy. We are committed to the production of products and services and solutions to achieve this goal, both in the energy sector and in the mobility sector. Solutions that we want to make available and with a common factor to accompany this transformation process in terms of environmental, social and economic sustainability ".
Franco Ongaro, Chief Technology and Innovation Officer of Leonardo, declared: “The collaboration in the search for technological solutions on sustainability issues between two leading industrial companies at an international level represents an important milestone for facing future challenges. The study and experimentation of sustainable fuels, for example, one of the areas of the joint activity, will have a decisive impact on the entire aeronautical sector in the coming years. Leonardo's collaboration with Eni therefore marks a further step in the creation of innovative synergies and sharing of skills in key sectors for sustainable technological development, to the benefit not only of individual companies but of the entire country system ".
Eni SpA and Leonardo SpA are related parties. This agreement may be the subject of subsequent binding agreements that the parties will define in compliance with the applicable legislation, including that relating to transactions between related parties.