Energy Infrastructure Partners Completes Follow-On Investment in Plenitude

Energy Infrastructure Partners Completes Follow-On Investment in Plenitude

• EIP increases stake to 10% in Plenitude, bringing total investment to approximately EUR 800 million
• Transaction underscores confidence in Plenitude’s growth trajectory, integrated business model and leadership team

ZURICH & MILAN, 31 March 2025 — Energy Infrastructure Partners AG (EIP), a leading investor in energy infrastructure focused on opportunities created by the megatrends of decarbonization, digitalization and security, has completed its follow-on investment on behalf of its clients in Plenitude, a global integrated energy transition platform controlled by Eni.

The transaction increases EIP’s stake in Plenitude’s share capital to 10%, with a total investment of approximately EUR 800 million, including the initial investment of EUR 588 million in March 2024 and the current capital increase of EUR 209 million.

The investment reaffirms Plenitude’s strong performance and leadership in renewable energy, energy retail and e-mobility infrastructure.

A Partnership Built on Shared Vision and Execution

“Our increased commitment to Plenitude reflects our confidence in its unique integrated model, which combines renewable generation, retail energy solutions and e-mobility at scale. Over the past year, Plenitude has demonstrated its ability to exceed targets and capitalize on the accelerating energy transition. We look forward to continuing our collaboration with Eni and Plenitude’s outstanding leadership team to drive further growth,” said Tim Marahrens, Partner at EIP.

“We are pleased to announce the closing of this transaction that further strengthens the company’s financial solidity. We continue Plenitude’s growth path towards energy transition, thanks to our business model that also in 2024 has proven to be successful and has enabled us to meet and exceed the targets we set,” said Stefano Goberti, CEO of Plenitude.

About Plenitude
Plenitude is active in over 15 countries across the world with a business model integrating: the production of electricity from over 4 gigawatts of renewable capacity; the sale of energy and energy solutions to more than 10 million European clients; and an extensive network of over 21,000 electric vehicle charging points. By 2028, the company intends to reach 10 gigawatts of installed renewable capacity and over 11 million clients.

About Energy Infrastructure Partners AG
Energy Infrastructure Partners invests in energy infrastructure to create exceptional value for our clients and partners. With EUR 7.5 billion under management, our investments focus on three megatrends — decarbonization, digitalization and security — that require trillions of investments in the energy sector over the next decades. We use our extensive industry network, deep transaction experience and close partnerships with leading energy companies and the public sector to develop and manage investment solutions for institutional investors globally. With headquarters in Zurich and offices internationally, our global team includes 26 nationalities united by three core values: entrepreneurship, excellence and trust.

Media contact
media@energy-infrastructure-partners.com