ENI-backed Plenitude to acquire PLT.

ENI-backed Plenitude, a renewable energy company, agreed to acquire PLT Energia, a renewable energy holding company. Financial terms were not disclosed. “This agreement marks a significant step forward in achieving our goals. We are acquiring platform with a highly valuable projects and expertise, which fits into Plenitude's business model and will enable us to strengthen the company's growth in Italy and abroad. This acquisition will allow us to exceed 2 GW of net installed capacity and, in line with the targets announced to the market, we expect to reach more than 6 GW in 2025. Such growth supported by a pipeline of 13 GW of solar and wind projects and by strategic and synergic agreements such as the one we are announcing today," Stefano Goberti, Plenitude CEO.