Published by Global Banking & Finance Review®
Posted on April 11, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleEni sold an additional 5% stake in its biofuel unit to KKR, totaling €3.6 billion in proceeds, including a €500 million capital increase.
MILAN (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)
(Reporting by Francesca Landini, editing by Giulia Segreti)
The article discusses Eni's sale of a stake in its biofuel unit to KKR, totaling €3.6 billion.
The main entities are Eni, an Italian energy group, and KKR, a U.S. investment fund.
The deal includes a €500 million capital increase into Enilive.
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