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Eni pockets 3.6 bln euros from stake sales in biofuel unit to KKR
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Eni pockets 3.6 bln euros from stake sales in biofuel unit to KKR
Apr 11, 2025 6:35 AM

MILAN, April 11 (Reuters) - Italian energy group Eni

said on Friday it completed the sale of an additional

5% stake in Enilive to U.S. fund KKR, bringing the total

proceeds from the disposal of two minority stakes in its biofuel

unit to 3.6 billion euros ($4.1 billion).

This second deal with KKR was announced in February

after a previous agreement, signed in October, under which the

U.S. fund bought a 25% in the unit.

The 3.6 billion proceeds include a 500 million euro capital

increase into Enilive, Eni said.

($1 = 0.8815 euros)

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