MILAN, May 13 Reuters Italian energy group Eni could spin off stakes in highpotential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on lowcarbon activities, company sources said.

Such deals would expand veteran CEO Claudio Descalzi39;s strategy to split some of Eni39;s operations into separate entities, or satellites, to raise money and tap investors such as private equity firms and infrastructure funds.

The carveouts allow investors focused on oil and gas but uninterested in lowcarbon activities or vice versa to be more precise about where they put their money.

The satellite model is an approach we have built to have additional funding sources to keep together the need to meet demand for traditional products, while also developing new, greener products, Chief Financial Officer Francesco Gattei told Reuters.

Eni in recent years has created a retail and renewable unit, Plenitude, in which it sold a stake to an infrastructure fund, and a biofuel division, Enilive, in which Descalzi recently said it is considering selling a minority stake.

The divisions wrapped together assets scattered inside the Milanbased group, with dedicated management teams and separate balance sheets. Eni aims to list both to raise further financing for their growth.

The strategy a unique approach among oil and gas majors seeking to branch out into renewables is aimed at showing investors the potential of…