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Eni Sells Stake in Plenitude to EIP, Valuing Unit at €8 Billion

Eni Sells Stake in Plenitude to EIP, Valuing Unit at €8 Billion
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Claudio Descalzi , Energy Infrastructure Partners , Eni Spa , Bloomberg News , Plenitude Via , Executive Officer Claudio Descalzi , Euronext Milan ,

Eni divests 9% stake in Plenitude to EIP for $766 million, valuing unit at $8.8 billion

Italian oil major Eni SpA agreed to sell about 9% of its Plenitude renewables unit to Energy Infrastructure Partners AG for $766 million via a capital increase to be completed in early 2024. ....

Claudio Descalzi , Energy Infrastructure Partners , Eni Spa , Bloomberg News , Plenitude Via , Executive Officer Claudio Descalzi , Euronext Milan , Alberto Brambilla ,