Eni has signed an agreement to enter into a period of exclusivity with Ares Alternative Credit Management, a globally significant investment fund, aimed at negotiating a definitive agreement and subsequently finalizing the sale of a stake in Plenitude equal to 20%, based on an equity value of the Company between 9.8 and 10.2 billion euros, corresponding to an enterprise value of more than 12 billion euros.
The agreement follows a thorough selection process involving several prominent international players who expressed strong interest in the company, further confirming the great appeal of its business model and its growth prospects.
Source: Eni
