Eni is in negotiations with several funds to sell a additional share of Plenitude, the subsidiary active in the production of renewable energy and the sale of gas and electricity for families and businesses. This is reported Reuters, hear from two sources familiar with the dossier.
The negotiations start from a Plenitude evaluation of over 10 billion euros, equal to the value with which Eip had entered the company's capital. One of the sources underlines that Apollo Capital Management, the Norwegian private equity fund HitecVision and the one based in London Trilantic Europe I am among the investors interested in potential acquisition of approximately 10% of Plenitude.
Il Eni title at Piazza Affari it is quoted at 14,078 euros, up 0,50%
The Zurich Fund Eip (Energy Infrastructure Partners) a few months ago, through a capital increase of 588 million euros, he secured 7,6% of Plenitude and a seat on the board of directors. Plenitude is present in 15 countries around the world. The company integra the production of approximately 3 Gigawatts of renewables, energy sale and energy solutions at approximately 10 million European customers and a charging network of almost 20 columns for electric vehicles.
The landing on Piazza Affari remains on the horizon
By 2026, Plenitude's goal is to reach over 11 million customers, over 7 GW of installed renewable capacity and over 30 charging points installed. The company's stock market listing remains on the horizon. The group had already attempted to list it in 2022, but had then had to give up due to the energy crisis. Eni has just announced the reorganization plan of its corporate structure with the division into three large operating areas and the confirmation of the intention to list Plenitude, in addition to enilive.
