• Seri Industrial reached an agreement with Eni Industrial Evolution to jointly build an integrated lithium iron phosphate battery supply chain.
• Eni Industrial Evolution will buy 30% of a newly formed FIB vehicle for commercial development, procurement, engineering; fixed consideration EUR 55 million.
• Plan centers on cell and module production at Teverola, utility-scale BESS assembly line at Brindisi targeted for completion in H1 2027.
• Second cell and module gigafactory planned by 2029 with capacity above 8 GWh per year.
• Partnership targets more than 10% of the European stationary battery market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seri Industrial S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0503-10-2026_TELEBORSA.pdf), on May 29, 2026, and is solely responsible for the information contained therein.