EIB and Eni finance Livorno refinery biorefinery conversion

The European Investment Bank (EIB) and Eni have signed a €500 million 15-year finance contract to convert Eni’s Livorno refinery in Tuscany into a biorefinery.

• The project includes construction of new plants to produce hydrogenated biofuels using proprietary Ecofining™ technology, with a capacity of 500,000 tonnes/year, and potential future production of sustainable aviation fuel (SAF).
• This initiative supports EU and Italian decarbonisation goals, particularly in transport, and is part of Enilive’s strategy to reach over five million tonnes of biorefinery capacity by 2030, following previous conversions in Venice and Gela.