Eni Eyes New Plenitude Stake Sale to Boost Energy Transition

Eni SpA (E) , Italy's leading oil and gas company, is in discussions with several investment funds about selling a minority stake in its renewable and retail business, Plenitude, per a Reuters report. This potential sale would mark another step in Eni's ongoing strategy to attract specialized investors to support its energy transition efforts. Earlier this year, in March, Eni completed the sale of 7.6% of Plenitude to Energy Infrastructure Partners ("EIP"). The ongoing talks between Eni and the potential in ...