Eni and Seri Industrial announce that Eni Storage Systems, a joint venture established by Eni (50% plus one share) and Fib (50% minus one share), a Seri Industrial subsidiary, has begun the operations in the development of industrial project for the production of stationary lithium batteries in the Brindisi industrial area.

Eni Storage Systems aims to establish a hub capable of producing over 8 GWh per year of lithium-iron-phosphate batteries, primarily intended for stationary energy storage, using a water-based process. The project is currently in the engineering phase and undergoing economic, financial and authorisation assessments, which are expected to be completed by the first quarter of 2026, before moving into the execution phase.