Eni's Plenitude Considering Acquisition of Acea Unit, Sparks Market Interest

In a significant development in the energy sector, Eni's renewable energy subsidiary, Plenitude, is contemplating the acquisition of a business unit belonging to Acea, an Italian multi-utility company. This potential transaction has been reported by Milano Finanza, a prominent Italian financial newspaper, and it has already begun to attract attention from various stakeholders within the market.

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Eni Sells Stake in New Plenitude to EIP as CEO Advances Disposals Strategy

In a significant strategic move, Italian energy giant Eni has sold a substantial stake in its renewable energy subsidiary, Plenitude. The transaction involves the European Infrastructure Partners (EIP), marking a pivotal step in Eni’s ongoing strategy to streamline operations and bolster its renewable energy investments amidst a changing market landscape.

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