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Latham Advises EnergyX on US$225 Million Strategic Investment From Eni
July 13, 2026
Members of the firm’s Latin America Practice advised EnergyX on the transaction in Chile.
Energy Exploration Technologies, Inc. (EnergyX), a leading energy technology company focused on advanced lithium production and critical mineral supply chain infrastructure, founded by Teague Egan in 2018, has announced a US$225 million strategic investment from Eni, the Italy‑based global energy company, for a minority stake in Project Black Giant™, one of the world’s largest lithium resource projects located in Antofagasta, Chile.
Latham & Watkins LLP represented EnergyX in the transaction, with a deal team led by partners Carlos Ardila and Sam Rettew, with associate Francisco Lanusse and assistance from Catalina Ucros Tellez and international visiting associate Jorge Hinzpeter.*
*Admitted to practice in Chile only.