Italian energy group Eni SpA said on March 22 it would buy biogas producer FRI-EL Biogas Holding as part of its efforts to cut its carbon footprint.

Eni said its unit Ecofuel had reached an agreement with FRI-EL Greenpower, a Gostner family holding, to buy FRI-EL Biogas Holding, but did not provide any financial details of the deal.

The 21 plants owned by FRI-EL Biogas Holding which generate electricity from biogas will be converted to produce biomethane and, when fully operational, will supply over 50 million cubic meters per year to the network.

The deal is part of Eni’s broader decarbonization strategy, which aims to reach eliminate all emissions from industrial processes and products and achieve net-zero emissions by 2050.

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The company’s CEO, Claudio Descalzi, who announced the pledge in late February, said the reduction in Eni’s carbon footprint would be driven by having more gas in its portfolio, converting refineries to bio fuels, and forestry and carbon capture.