Eni (E) Plans Stake Sales in Biofuel, Bioplastic Units

Eni SpA (E) , a leading global energy company, is eyeing the sale of minority stakes in its biofuel and bioplastic units by the end of this year, per a Reuters report. This strategic decision could potentially generate around €1.3 billion, marking a significant step in the company's efforts to expedite its energy transition.Eni has initiated discussions with both financial funds and industrial investors to identify potential partners interested in acquiring stakes of up to 10% in its biofuel unit, Enilive. ...