ENI aims at valuation of up to 15 billion of the renewable unit with IPO

Eni will seek a valuation of up to 15 billion euros in the listing of its retail and renewable unit scheduled for 2022. Bloomberg reports today, noting how the consultants of the energy giant have valued the R&R unit between 12 billion and 15 billion euros. billions of euros following the recent acquisitions (Be Power) and the expected growth of the business.

Bloomberg also points out that in ENI’s plans there is the maintenance of a majority stake in post-IPO R&R and the listing should take place on the Italian Stock Exchange.