Eni's Renewable Business Receives New Investment From EIP
E's satellite strategy gains momentum as EIP strikes a new deal to increase its stake in Plenitude from 7.6% to 10% through the purchase of newly issued shares.
EIP Ups Stake in Plenitude to 10 Percent
EIP will invest a further $221.8 million in Plenitude, increasing its share capital in Eni's renewables arm to 10 percent.
Energy Infrastructure Partners Raises Stake in Eni's Plenitude Unit
Eni signed a deal for Energy Infrastructure Partners to increase its stake in the Italian energy major's low-carbon unit Plenitude. The Milan-based company said Monday that it agreed to a capital increase of around 209 million euros ($224 million).
EIP to increase stake in Eni’s renewables unit Plenitude
EIP will inject around €209m ($222m) into Plenitude’s capital structure, bringing the total invested amount to €800m ($852m).
Swiss asset manager EIP lifts stake in Eni's Plenitude to 10%
By Francesca Landini MILAN (Reuters) -Swiss asset manager Energy Infrastructure Partners (EIP) will raise its stake in Eni's Plenitude unit to 10%, in a deal that values the group's retail and renewable business at more than 10 billion euros ($11 billion) including debt.
Eni Sells New Plenitude Stake to EIP as CEO Pushes Disposals
Eni SpA agreed to sell an additional stake in renewables unit Plenitude to Energy Infrastructure Partners AG, boosting the Swiss infrastructure group’s holding to 10%.
EIP boosts stake in Eni's Plenitude to 10%, valuing unit at more than €10B
Eni (NYSE:E) said Monday it agreed to sell an additional stake in its Plenitude renewables unit to Energy Infrastructure Partners, lifting the Swiss asset manager's holding to 10%. The deal will occur through a capital hike of ~€209M ($224M),
Swiss asset manager EIP increases stake in Eni's Plenitude to 10%
Swiss asset manager Energy Infrastructure Partners has signed an agreement to increase its stake in Eni's retail and renewable unit Plenitude to 10% through a capital increase of around 209 billion euros,
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