Industry News: ESG

Eni Sells 20% of Plenitude to Ares for $2.3 Billion in Renewables

Written by ESG | 27-Jun-2025 12:50:12 PM

2025-06-23

ESG News: Italian energy giant Eni has sold a 20% stake in its retail and renewables arm, Plenitude, to U.S. alternative investment firm Ares Management Corp. for approximately €2 billion ($2.3 billion).

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