E Nov 2024 30.000 call
- Zacks
Eni (E) CEO Confirms Enilive Stake Sale Completion by 2024 End
Eni's (E) CEO Claudio Descalzi confirms that the sale of a minority stake in Enilive is set to be closed by the end of 2024. This move aligns with Eni's strategy to create 'satellites' for its business units, attracting investments and driving growth.
- Reuters
Italy's Eni aims to finalise Enilive stake sale by year-end, CEO says
ROME (Reuters) -Italian energy group Eni expects to complete the sale of a minority stake in its biofuel unit Enilive by the end of 2024, Chief Executive Claudio Descalzi said on Monday. "The (sale) plan is in progress, there are still issues that are being discussed... our goal is to close by the end of this year, (talks) have accelerated," Descalzi said, when asked about the sale at a conference organised by daily Il Giornale in Milan. Reuters reported in April that the sale of minority stakes in both Enilive and bioplastic unit Novamont could fetch around 1.3 billion euros ($1.4 billion) in total and be completed by year-end.
- Zacks
Eni (E) Launches Major Forest Conservation Project in Mozambique
Eni (E) and Biocarbon Partners have launched the Great Limpopo project, the largest forest conservation initiative in Mozambique, aiming to protect 4 million hectares of forest and involve more than 320,000 community members.
