Eni may sell more stakes in renewable, biofuel units retaining majority
10/7/2024 12:00:00 PM
Italy's Eni will decide about additional stake sales in its renewable and biofuel units, its CEO said, keeping in mind that it wants to list them on the stock market and retain the majority of their capital.
Eni's Chief Executive Claudio Descalzi confirmed the two low-carbon units - Plenitude and Enilive - had attracted "significant" interest from investment funds.
Speaking after an event in Rome, he said the energy group would now consider additional disposals prudently, carefully and choosing the "right interlocutors".
Sources have said that funds have approached Eni over the potential sale of a second stake in both Plenitude and Enilive, showing investors' confidence in the group's energy transition strategy.
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