Announced

Eni to acquire Be Power.

Synopsis

Eni, an Italian multinational oil and gas company, agreed to acquire Be Power, an electric vehicle charging services provider. Financial terms were not disclosed. "With the acquisition of Be Power, Eni takes a leadership position in a market at the heart of the European Union's energy transition strategy. The infrastructure and electric vehicle recharging services business further strengthens Eni gas e luce’s portfolio, which serves 10m customers in 6 European countries. The company has a total renewable capacity of 9 GW, which includes installed capacity, capacity under construction and capacity to be developed in identified areas. We therefore continue on our path that will lead us to be a leader in the production and sale of fully decarbonised products," Claudio Descalzi, Eni CEO.

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