A significant agreement in the energy sector
The recent agreement between Eni and KKR represents a crucial step for the future of Enilive, Eni’s energy platform. With a total investment of 2,938 billion euros, KKR will acquire 25% of Enilive’s share capital, a transaction that not only strengthens Eni’s position in the market, but also offers KKR the opportunity to enter a rapidly expanding sector
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Details of the operation
The investment package involves the subscription of a capital increase reserved for KKR of 500 million euros and the purchase of shares from Eni for a value of 2.438 billion euros. This post-money valuation of 11.75 billion euros for 100% of Enilive‘s share capital underlines the strategic importance of this transaction. In addition, before the completion of the agreement, Eni will proceed with a further capital increase to zero its net financial position, a fundamental step to ensure the company’s financial soundness
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The synergies between Eni and KKR
This agreement is not only a financial investment, but it also represents a strategic synergy between two leading players in the energy sector. Eni, with its experience in developing high-growth energy businesses, and KKR, known for its long-term approach and solid track record in the energy and infrastructure sectors, can join forces to accelerate Enilive’s growth. The integration of KKR’s expertise could lead to new opportunities for development and innovation, helping to position Enilive as a leader in the
energy market.
