Eni sells 25% biofuels stake to KKR for $3.17B, marking a major renewable energy investment.

Eni has sold a 25% stake in its biofuels unit to KKR for approximately $3.17 billion. The transaction, valued at 2.9 billion euros, marks a significant investment by KKR in the renewable energy sector. This move reflects the growing interest in biofuels as part of the transition to more sustainable energy sources.

October 24, 2024
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