Announced

Energy Infrastructure Partners to acquire a minority stake in Eni Plenitude.

Synopsis

Energy Infrastructure Partners, a company that offers renewable, sustainable energy infrastructure investment solutions, agreed to acquire a minority stake in Eni Plenitude, a company active in the sale and marketing of gas and electricity for households and businesses. Financial terms were not disclosed. “This agreement highlights the innovative nature of Plenitude’s business model and its significant growth opportunities. The company is a pillar of our energy transition strategy aimed at reducing emissions related to the use of our products. We have embarked on a virtuous path of creating low and zero-carbon businesses that attract leading investors, grow organically, and become self-sustaining. We believe this is the approach to address the energy transition," Francesco Gattei, Eni Chief Transition & Financial Officer.

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