Further to what was previously communicated, Plenitude and ACEA announce the completion of Plenitude’s acquisition of 100% of the share capital of Acea Energia S.p.A. and 50% of the share capital of Umbria Energy S.p.A. Plenitude will gain approximately 1.2 million customers as part of the deal, which was approved by the regulatory authorities. ...
Plenitude and ACEA S.p.A. have signed a binding agreement regarding the acquisition by Plenitude of a 100% equity stake in ACEA Energia, a company fully owned by the ACEA Group that operates in the energy retail market. The transaction also includes a 50% share in the capital of Umbria Energy S.p.A. Upon completion of the transaction, Plenitude ...
Plenitude has signed an agreement to acquire from Neoen, a leading renewable energy company, a portfolio of 52 operating assets, including 37 photovoltaic plants, 14 wind farms, and one operating battery storage facility, for a total of approximately 760 MW installed capacity located throughout France. The assets produce approximately 1.1 TWh of...
Plenitude (“the Company”) announces the finalization of the transaction - first announced on 23 June - for Ares Alternative Credit funds, affiliates of Ares Management Corporation (“Ares”) (NYSE:ARES), to enter its shareholder base through the acquisition of a 20% stake. The stake corresponds to a total value of 2 billion euros, based on an equi...
The new resources will support the achievement of the target of 1GW of installed renewable energy capacity by 2030. The transaction was supported by the European Investment Bank and leading European financial institutions. GreenIT, the Italian joint venture backed by Plenitude (a company controlled by Eni) and CDP Equity (part of CDP Group), has...
Strengthening Plenitude’s business model and its future growth prospects Ares Management Alternative Credit funds (“Ares”), affiliates of leading global alternative investment manager Ares Management Corporation (NYSE: ARES), have signed an agreement with Eni to acquire a stake in Plenitude’s share capital. Ares will acquire a 20% stake in Pleni...