Eni (E) Considers 20% Stake Sale in Its Enilive Biorefining Unit
Eni(E) zacks.com·2024-05-23 12:11
Eni SpA (E) , a prominent player in the Italian energy sector, is considering the sale of a 20% stake in its Enilive biorefining unit, following a display of interest from potential buyers, per a Bloomberg report on Wednesday. The discussions are still in the preliminary stages, and Eni is evaluating various options for the unit, which has an estimated value of €10 billion. Enilive's Operations and Financial Performance The Enilive business includes biorefining and biomethane assets, along with mobility sol ...