Eni's renewable unit buys energy customer portfolio from Italy's ACEA

Core Insights - Eni's low-carbon unit has agreed to acquire certain businesses from regional utility ACEA for a total consideration of 587 million euros, equivalent to approximately 685 million dollars [1] Company Summary - The acquisition involves Eni, an Italian energy group, focusing on expanding its low-carbon operations through this strategic purchase [1] - ACEA, a regional utility, is divesting parts of its business, indicating a potential shift in its operational focus or strategy [1]