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New Deal


Announced

Sixth Street to acquire a 49% stake in Enipower from Eni.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Italy

Private Equity

electricity generation

Minority

Cross Border

Friendly

Conventional Electricity

Private

Acquisition

Pending

Synopsis

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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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