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ENI S.p.A. ( (IT:ENI) ) just unveiled an announcement.
Eni S.p.A. has signed an agreement with KKR to increase KKR’s stake in Enilive by an additional 5% for 587.5 million euros, bringing KKR’s total stake to 30%. This move reflects the market’s confidence in Enilive’s business model and supports Eni’s strategy to attract capital for sustainable growth in the energy transition sector.
More about ENI S.p.A.
Enilive is a subsidiary of Eni S.p.A., focused on biorefining, biomethane production, and smart mobility solutions. It operates around 5,000 stations in Europe and aims to provide decarbonized services and products, contributing to Eni’s carbon neutrality goal by 2050.
YTD Price Performance: 7.24%
Average Trading Volume: 1,381,452
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €44.66B
For a thorough assessment of ENI stock, go to TipRanks’ Stock Analysis page.
