Eni reorganizes Plenitude ownership, cedes control in accounts after €1.56 billion capital increase

Bitget2026/10/02 14:24

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Eni completed a reorganization of Plenitude’s ownership and governance with Ares Management Alternative Credit funds and Energy Infrastructure Partners.
Non-proportional capital increase of EUR 1.56 billion: Ares invested EUR 1.08 billion; Eni invested EUR 0.48 billion.
Deal implies pre-money equity value of EUR 10.75 billion for 100% of Plenitude, about EUR 13.1 billion enterprise value.
Post-transaction stakes: Eni 65.03%, Ares 26.24%, EIP 8.73%.
New governance grants Eni and Ares joint control, triggering Plenitude’s deconsolidation from Eni’s consolidated financial statements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eni S.p.A. published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Eni reorganizes Plenitude ownership, cedes control in accounts after €1.56 billion capital increase

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