News
24 June 2025

Ares to acquire 20% stake in Plenitude

In:
Renewables
Region:
Europe

Ares Management Corporation’s Ares Alternative Credit funds have entered into a definitive agreement with Eni for the acquisition of a 20% stake in Plenitude.The €2 billion ($2.3 billion) consideration for the stake in the energy company implies an enterprise value for Plenitude of over...

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