EIP, leading energy transition investor based in Switzerland, enters the share capital of Plenitude by means of a capital increase of approximately EUR 0.58 billion equal to approximately 7.6% of the company’s share capital.

The transaction shall result in a post money equity value of Plenitude equal to approximately EUR 8 billion and an enterprise value exceeding EUR 10 billion.

PedersoliGattai advised ENI and Plenitude with a team composed of Bruno Gattai, Giovanni Santangelo and Damiano Battaglia (partners), Jacopo Ceccherini (counsel) as well as Giacomo Taidelli and Alice Paini (associates). Antitrust aspects were managed by Silvia D’Alberti (partner) and Anna Lizzi (associate).

Legal due diligence matters were managed by a team coordinated by Clara Balboni (senior associate) and Giuseppe Accogli (associate).