US: Eni and Commonwealth Fusion Systems sign $1 billion+ power purchase agreement, expanding strategic partnership to commercialize fusion energy

Eni, as a CFS strategic investor, signs offtake agreement worth more than $1 billion for clean fusion power from CFS’ first ARC power plant in Chesterfield County, Virginia. Eni and Commonwealth Fusion Systems (CFS) have announced a power offtake agreement worth more than $1 billion, expanding a longstanding strategic partnership between the companies to commercialize fusion power. This is the second offtake agreement that CFS has signed in three months for its first grid-scale fusion power plant. This international partnership confirms our commitment to making fusion energy a reality, promoting its industrialization for a more sustainable energy future.' About Commonwealth Fusion SystemCommonwealth Fusion Systems is the world’s largest and leading private fusion company.