Energy Infrastructure Partners completed the acquisition of a minority stake in Plenitude from Eni for €209m.

Energy Infrastructure Partners, asset manager specializing in energy infrastructure investments, completed the acquisition of a minority stake in Plenitude, an Italian company active in the sale and marketing of gas and electricity for households and businesses, from Eni, an energy‑tech company, for €209m. “EIP's increased investment demonstrates that Eni has built Plenitude into a company with a strongly distinctive and high-potential business model, which is creating value and has excellent growth prospects. We are thus successfully continuing our path of enhancing and developing businesses related to the energy transition,” Francesco Gattei, Eni Chief Transition & Financial Officer.