United States, June 30 -- Eni Next and Azimut Group signed a collaboration agreement, under which Azimut will launch a new European Long Term Investment Fund (ELTIF) of venture capital, leveraging also Eni Next's consulting and expertise on technological developments in the energy sector. The launch of the ELTIF is expected in September 2025 and the fund will support investments in the energy tech sector. With a fundraising target of €100 million, the Luxembourg-domiciled fund - currently pending authorization from the relevant authorities - will be accessible to a wide range of investors, both institutional and private, in accordance with the criteria established by the new ELTIF 2.0 Regulation. The portfolio will consist of U.S.-bas...