By Joshua Stein

Eni SpA said Friday that it would build an industrial waste-management platform in Ravenna, Italy, through a new joint venture with multiutility company Hera SpA.

The Italian energy company said the platform would process up to 60 thousand tons a year of waste produced by environmental and production activity. Its authorization process is expected to begin next year.

Eni said its subsidiary Eni Rewind will procure the solid and liquid waste-processing services, and Hera's subsidiary Herambiente will run the plant.

Write to Joshua Stein at joshua.stein@wsj.com

(END) Dow Jones Newswires

November 20, 2020 06:35 ET (11:35 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Hera (BIT:HER)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Hera Charts.
Hera (BIT:HER)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Hera Charts.