Eni announced on March 17, 2026 that it has secured a new five‑year revolving credit facility with a total commitment of €9 billion. The facility replaces two earlier sustainability‑linked lines—€6 billion signed in 2022 and €3 billion signed in 2023—providing a longer‑term, low‑cost source of liquidity.
The €9 billion facility was oversubscribed by roughly 40% by a syndicate of 28 global banks, underscoring confidence in Eni’s financial profile. The new credit line is intended to support the company’s upstream exploration and production activities as well as its transition‑business initiatives, aligning with the strategic plan for 2025‑2028 that emphasizes resilient financial structures, disciplined capital allocation, and self‑funded growth.
By refinancing the older lines, Eni extends the maturity of its debt and consolidates its borrowing into a single, flexible facility. The arrangement provides the company with a stable liquidity base that can be drawn upon to fund investments in renewables, carbon capture and storage, and other transition projects under its satellite model, while preserving a low‑cost debt profile and avoiding dilution of shareholder value.
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