Eni Sells 20% Stake in Plenitude to Ares for €2 Billion

Reuters
2025.11.04 12:29
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Eni S.p.A. has sold a 20% stake in Plenitude S.p.A. to Ares Management for €2 billion, valuing Plenitude at €10 billion in equity and over €12 billion in enterprise value. This sale is part of Eni's strategy to enhance its energy transition subsidiaries by attracting strategic partners and capital for growth.

Eni S.p.A. has completed the sale of a 20% stake in Plenitude S.p.A. Società Benefit to Ares Management Alternative Credit funds, affiliates of Ares Management Corporation. The transaction, based on an equity value of €10 billion and an enterprise value of over €12 billion for Plenitude, has generated €2 billion in proceeds for Eni. This move is part of Eni’s strategy to enhance the value of its energy transition subsidiaries by attracting strategic partners and aligned capital to support their growth plans. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eni S.p.A. published the original content used to generate this news brief on November 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here

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