Finance, strategy, reports

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...

Today, Plenitude publishes its financial statements for 2024, as well as its Sustainability and Impact Reports.

Plenitude announces the completion of the transaction – announced last 11 November – relating to the increase by Energy Infrastructure Partners (EIP), a Swiss fund manager investing in megatrends reshaping the energy industry, of its stake in Plenitude’s share capital, thus reaching a 10% stake in the aggregate. The increase of EIP's stake has t...

Plenitude consolidates its value through a new agreement with Eni and Energy Infrastructure Partners (EIP), a Swiss fund manager investing in megatrends reshaping the energy industry, which increases its stake in Plenitude to 10% of the company’s share capital. This transaction strengthens Plenitude's financial structure and brings new resources...

Today, Plenitude publishes its financial statements for 2023, as well as its Sustainability and Impact Report. The 2023 financial year ended with an adjusted operating profit of €515 million and an adjusted net profit of €220 million, both seeing an increase of approximately 50% compared to 2022. The results were driven by the strong performance...