Eni Seeks Investors for Renewable Energy Unit Plenitude

Eni, Italy’s leading oil and gas company, is in talks with several investment funds to sell a minority stake in its renewable energy and retail business, Plenitude. This move marks another step in Eni’s strategy to attract specialized investors to support its energy transition efforts. The potential sale could value Plenitude at over €10 billion, with investors like Apollo Capital Management, HitecVision, and Trilantic Europe expressing interest.

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