Plenitude in the news

Ares has reinforced its commitment to Plenitude with a —1 billion capital injection.

Plenitude restructured its ownership with Eni, Ares, and EIP, leading to a new governance model and deconsolidation from Eni's financial statements.

Eni has finalized the ownership restructuring of Plenitude.

Eni completed a –1.56 billion Plenitude restructuring and shareholding deal with Ares Management and Energy Infrastructure Partners, with Eni now holding 65.03% and Ares 26.24%.

Eni completed Plenitude's shareholder reorganization with a €1.56 billion capital increase, resulting in joint control with Ares Management and a new board structure.

Ares Management acquired 26.24% of Plenitude for over €1 billion and reported $10 million in Q3 2026 realized net performance income.

Ares Management injected over €1 billion into Plenitude's €1.56 billion capital raise, increasing its stake to 26.24% and establishing joint governance.

Ares has upsized its capital contribution to Plenitude by over 1 billion euros, increasing its stake to 26.24% and gaining joint control with Eni, based on a 10.75 billion euro pre-money valuation.

Eni's Plenitude subsidiary is offering a 30% discount on electricity and gas supply prices for Italian households for two years.

Eni's Plenitude is offering a 30% discount on its basic electricity and gas tariffs.

Plenitude is offering a 30% discount on electricity and gas for two years.

Plenitude is providing a 30% discount on electricity and gas bills with a two-year price lock for new sign-ups in October, saving customers around •200 annually.

Plenitude launched Fixa Time 24 Smart, an electricity and gas offer with a 30% discount and a 24-month fixed price, part of the "Eni for Italy" project to support households.

Plenitude's joint venture, GreenIT, began operating two 19 MW solar farms in Italy's Piedmont region.

Plenitude acquired a 25% stake in EnerOcean, a Spanish floating wind technology company, to jointly develop and market its W2Power multi-turbine solution.

The EU approved Ares Management Corp's EUR 1 billion investment in Italian renewable energy firm Plenitude.

Eni has commenced industrial electricity production from a 120MW gas power facility, part of the Mangystau Hybrid Power Plant Project in Kazakhstan, which will integrate solar, gas, and wind energy sources.

Eni Plenitude S.P.A. Societa' Benefit will receive at least •1 billion from Ares Management Corporation by July 23, 2026.

Ares Management has obtained EU approval for joint control of Eni Plenitude, marking a significant regulatory milestone for their partnership.

Ares Management acquired a 20% stake in Plenitude for •2 billion, valuing the energy transition company at over •12 billion.