New 4-year funding programme to invest in education, environmental improvement and local heritage across communities hosting the Liverpool Bay CO2 Transportation and Storage infrastructure
Point of Ayr 9 September 2026 – Eni and Global Infrastructure Partners (“GIP”), a part of BlackRock, strategic partners in Eni CCUS Holding, announce the launch of the “Liverpool Bay CCS Limited Community Benefit Fund”, a new programme designed to deliver long-term investment in the communities that host the Liverpool Bay CO2 Transportation and Storage (T&S) infrastructure, the backbone of the HyNet industrial cluster.
Liverpool Bay CCS will transport CO2 for permanent storage in depleted gas reservoirs located beneath the seabed of Liverpool Bay, serving a wide range of industrial emitters across North West of England and North Wales and contributing to the UK's decarbonisation and reindustrialisation agenda.
The Fund is a voluntary initiative which will be administered in partnership with Cheshire Community Foundation and Community Foundation Wales. It will support charitable and not-for-profit organisations across Cheshire and Flintshire, helping to create lasting benefits for local people and places through projects focused on education, environmental enhancement and the celebration of local heritage and culture complementing the wider economic, employment and investment benefits already being delivered through the T&S infrastructure.
Minister for Local Energy and Jobs, Martin McCluskey, said: “Carbon capture is a route to reindustrialisation and tackling the climate crisis, and this project is reigniting the proud industrial heritage across the North West of England and North Wales through skilled, well-paid jobs in clean energy. We're determined that local areas benefit from hosting national infrastructure and this fund will support local priorities from education to the environment, driving good growth in every postcode."
Welsh Government Minister for Enterprise, Connectivity and Energy, Adam Price, said: “The Liverpool Bay CCS project has the potential to drive industrial decarbonisation and economic growth across north- east Wales, creating jobs and supply chain opportunities. I welcome the launch of the Community Benefit Fund, which will help local communities share in the long-term benefits of this significant investment."
Stefano Rovelli, Managing Director for Liverpool Bay CCS Limited, said: “The launch of the Liverpool Bay CCS Community Benefit Fund is an important milestone for our Transportation and Storage project. We understand the importance of creating meaningful and long-lasting benefits for the communities in which we operate, and this fund showcases our commitment to the region. As Liverpool Bay progresses through construction, we are pleased to be able to continue supporting our local communities and look forward to engaging with them on projects that will deliver lasting social, environmental and economic value.”
Following Financial Close with the UK Government in 2025, Liverpool Bay CCS will allow around 60% of project expenditure to be delivered through UK-based supply chains. This represents more than 2,000 jobs estimated during construction and 200-300 long-term roles, helping to transform Eni CCUS Holding's regional operations from oil and gas to carbon capture and storage.
Liverpool Bay CCS demonstrates how major CCS Clusters can support economic growth and skilled employment beyond traditional economic centres, reinforcing the role of North Wales and the North West as a strategic hub for industry, energy innovation and industrial transformation.
Liverpool Bay CCS forms part of Eni CCUS Holding's portfolio of global CCS initiatives. Eni CCUS Holding is a jointly controlled company between energy-tech company Eni and BlackRock's Global Infrastructure Partners (GIP), headquartered in the UK and responsible for overseeing the development of leading CCS projects in Europe and internationally.
Eni Company Contacts:
Press Office: Tel. +39.0252031875 - +39.0659822030
Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad): +39.800 11 22 34 56
Switchboard: +39.0659821
ufficio.stampa@eni.com
segreteriasocietaria.azionisti@eni.com
investor.relations@eni.com
Website: www.eni.com
Liverpool Bay CCS launched its Community Benefit Fund today at a ceremony held at the DangerPoint centre in North Wales.
L-R: Alex Bradley, Project Direct HyNet for DESNZ; Stefano Rovelli, MD for LBCCS; Denis Massey, Board Member for LBCCS; Manfredi Giusto, CEO for Eni CCUS Holding; Katy Hales from Community Foundation Wales, Cerys Percival, Sustainability and Communications Manager for LBCCS; Mel Sproston for Cheshire Community Foundation and Federico Cecchetti, Head of External Relations for Eni CCUS Holding.
Point of Ayr 9 September 2026 – Eni and Global Infrastructure Partners (“GIP”), a part of BlackRock, strategic partners in Eni CCUS Holding, announce the launch of the “Liverpool Bay CCS Limited Community Benefit Fund”, a new programme designed to deliver long-term investment in the communities that host the Liverpool Bay CO2 Transportation and Storage (T&S) infrastructure, the backbone of the HyNet industrial cluster.
Liverpool Bay CCS will transport CO2 for permanent storage in depleted gas reservoirs located beneath the seabed of Liverpool Bay, serving a wide range of industrial emitters across North West of England and North Wales and contributing to the UK's decarbonisation and reindustrialisation agenda.
The Fund is a voluntary initiative which will be administered in partnership with Cheshire Community Foundation and Community Foundation Wales. It will support charitable and not-for-profit organisations across Cheshire and Flintshire, helping to create lasting benefits for local people and places through projects focused on education, environmental enhancement and the celebration of local heritage and culture complementing the wider economic, employment and investment benefits already being delivered through the T&S infrastructure.
Minister for Local Energy and Jobs, Martin McCluskey, said: “Carbon capture is a route to reindustrialisation and tackling the climate crisis, and this project is reigniting the proud industrial heritage across the North West of England and North Wales through skilled, well-paid jobs in clean energy. We're determined that local areas benefit from hosting national infrastructure and this fund will support local priorities from education to the environment, driving good growth in every postcode."
Welsh Government Minister for Enterprise, Connectivity and Energy, Adam Price, said: “The Liverpool Bay CCS project has the potential to drive industrial decarbonisation and economic growth across north- east Wales, creating jobs and supply chain opportunities. I welcome the launch of the Community Benefit Fund, which will help local communities share in the long-term benefits of this significant investment."
Stefano Rovelli, Managing Director for Liverpool Bay CCS Limited, said: “The launch of the Liverpool Bay CCS Community Benefit Fund is an important milestone for our Transportation and Storage project. We understand the importance of creating meaningful and long-lasting benefits for the communities in which we operate, and this fund showcases our commitment to the region. As Liverpool Bay progresses through construction, we are pleased to be able to continue supporting our local communities and look forward to engaging with them on projects that will deliver lasting social, environmental and economic value.”
Following Financial Close with the UK Government in 2025, Liverpool Bay CCS will allow around 60% of project expenditure to be delivered through UK-based supply chains. This represents more than 2,000 jobs estimated during construction and 200-300 long-term roles, helping to transform Eni CCUS Holding's regional operations from oil and gas to carbon capture and storage.
Liverpool Bay CCS demonstrates how major CCS Clusters can support economic growth and skilled employment beyond traditional economic centres, reinforcing the role of North Wales and the North West as a strategic hub for industry, energy innovation and industrial transformation.
Liverpool Bay CCS forms part of Eni CCUS Holding's portfolio of global CCS initiatives. Eni CCUS Holding is a jointly controlled company between energy-tech company Eni and BlackRock's Global Infrastructure Partners (GIP), headquartered in the UK and responsible for overseeing the development of leading CCS projects in Europe and internationally.
Eni Company Contacts:
Press Office: Tel. +39.0252031875 - +39.0659822030
Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad): +39.800 11 22 34 56
Switchboard: +39.0659821
ufficio.stampa@eni.com
segreteriasocietaria.azionisti@eni.com
investor.relations@eni.com
Website: www.eni.com
Liverpool Bay CCS launched its Community Benefit Fund today at a ceremony held at the DangerPoint centre in North Wales.
L-R: Alex Bradley, Project Direct HyNet for DESNZ; Stefano Rovelli, MD for LBCCS; Denis Massey, Board Member for LBCCS; Manfredi Giusto, CEO for Eni CCUS Holding; Katy Hales from Community Foundation Wales, Cerys Percival, Sustainability and Communications Manager for LBCCS; Mel Sproston for Cheshire Community Foundation and Federico Cecchetti, Head of External Relations for Eni CCUS Holding.