Italian energy giant Eni has sold a 20% stake in its retail and renewables arm, Plenitude, to U.S. alternative investment firm Ares Management Corp. for approximately €2 billion ($2.3 billion)....
Eni has entered exclusive negotiations with Ares Alternative Credit Management for the sale of a 20% stake in its clean energy arm, Plenitude—marking a potential deal that values the company...
Eni is preparing to sell a second minority stake in Plenitude, its renewables and retail arm, expecting the business to be valued above €10 billion ($11B), including debt. “We have...
Energy Infrastructure Partners (EIP), a prominent investor in the energy transition sector, has announced an agreement to increase its stake in Plenitude, Eni’s integrated energy business that spans renewable energy...
Plenitude has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of offshore wind projects in Spain. The agreement with...
Key Impact Points: Plenitude, through its US subsidiary Eni New Energy US Inc., has signed an agreement with global energy leader EDP Renováveis, S.A. (“EDPR”), to purchase an 80% equity...
Eni, Plenitude and Energy Infrastructure Partners (EIP) have signed an agreement for EIP to enter Plenitude’s share capital through a capital increase of up to €0.7bn, which, post-transaction, would be...
The joint venture between Plenitude and CDP Equity continues to expand through new plants with a total capacity of up to 200 MW. The photovoltaic farms are set to be...
Plenitude, Benefit Corporation (Società Benefit) company of Eni, and Simply Blue Group, an Irish blue economy project developer, have signed an agreement for the joint development of a pipeline of...