Ares Enters Exclusive Talks to Acquire $2.2 Billion Stake in Eni’s Clean Energy Unit, Plenitude
Rome, Italy – May 2025 — Eni has entered exclusive negotiations with Ares Alternative Credit Management to sell a 20% stake in its clean energy and electric mobility subsidiary, Plenitude. The proposed transaction values Plenitude between €9.8 billion and €10.2 billion, with a total enterprise value exceeding €12 billion. The $2.2 billion deal underscores strong […]
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