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Eni gas and light becomes Plenitude and prepares the IPO by the end of the year, markets permitting

The rebranding of "Eni Gas e Luce" into Plenitude aims at a single business model that integrates the production from renewables, the sale of gas and electricity, energy services and a large network of charging points for electric vehicles

Eni gas and light becomes Plenitude and prepares the IPO by the end of the year, markets permitting

“Eni Gas e Luce” from now on will be Fullness. A rebranding that lays the foundations for the diffusion of the concept of "Benefit Company", therefore with the aim of having a positive impact on people, communities and the environment. The transaction is part of Eni's broader commitment to create value through energy transition and to net zero CO2 Scope 3 emissions by 2040, thanks to an integrated and diversified proposal to supply 100% decarbonised energy to all customers

Plenitude can count on a solid distribution network that already supplies energy to around 10 million European customers in the retail market, boasts a portfolio of around 1,1 GW of operational renewable capacity and has the target of reaching over 6 GW installed per 2025 and over 15 GW by 2030. In the electric mobility sector, through the subsidiary Be Charged, has a network of over 6.500 charging points which will be expanded both in Italy and in Europe with over 27.000 charging points expected by 2025 and over 31.000 by 2030. Plenitude is also the leader in Italy in distributed generation from small-scale photovoltaic size thanks to To evolve, a company acquired in 2020.

Plenitude during this year expects, compatibly with market conditions, of be listed on the Stock Exchange through an initial public offering (IPO).

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