Announced
Financials
Sources
Tags
Single Bidder
Italy
Private Equity
electricity generation
Minority
Cross Border
Friendly
Conventional Electricity
Private
Acquisition
Pending
Synopsis
Sixth Street, a global investment firm, agreed to acquire a 49% stake in Enipower, a producer of electricity in Italy, from Eni, an integrated energy company. Financial terms were not disclosed. “The deal is part of Eni's strategy to enhance our assets and free up new resources for the energy transition. We are pleased to establish this long-term partnership with Sixth Street, an internationally recognized institutional investor specialized in infrastructure investments," Francesco Gattei, Eni CFO.
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