Eni (E) aims to raise more than 4 billion euros from global upstream asset sales, part of a broader 8 billion euros disposal plan to support its shift toward sustainable energy.
(Bloomberg) -- Italian energy group Eni SpA is looking to raise more than €4 billion ($4.3 billion) from disposals in its global upstream business, people familiar with the matter said.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeTrump Immunity Ruling Means Any Trial Before Election UnlikelyBlackRock Buys Preqin for $3.2 Billion in Private Data PushTrump as President or Private Citizen: Why Supreme Court’s Immunity Ruling Is a TestBlackRock Deal to Make P
The divestment is part of Eni's (E) broader strategy to generate a net portfolio inflow of 8 billion euros between 2024 and 2027.