Eni‘s energy subsidiary, Plenitude, announces expansion plans by signing an agreement with Neoen to acquire a portfolio of 52 renewable energy facilities distributed throughout France. The deal includes 37 photovoltaic plants, 14 wind farms and a battery storage unit, totaling 760 megawatts of installed capacity.
Eni’s energy targets and renewable energies
These assets generate approximately 1.1 TWh of energy per year, increasing Plenitude ‘ s clean energy production capacity in one of Europe’s most active energy transition markets.
The transaction is part of the company’s 2025-2028 Strategic Plan, which aims to reach 10 GW of installed renewable capacity by the end of 2028. With this acquisition, the company accelerates its commitment to the evolution towards sustainable and integrated energy sources.
According to Stefano Goberti, CEO of Plenitude, the transaction also strengthens the company’s business model by integrating renewable generation, energy services and electric mobility. Plenitude serves close to one million retail customers in France, and this acquisition enhances its competitive and operational position.
By integrating this infrastructure into its existing portfolio, it will be able to optimize its operations through technical and logistical synergies, improving the efficiency of its clean energy network in France. The agreement is pending approval by the competent regulatory authorities, which marks an essential step towards its formalization.
Plenitude, as an integrated company that combines renewable generation, energy trading and electric mobility solutions electric mobility solutionsPlenitude, as an integrated company combining renewable generation, energy trading and electric mobility solutions, expects to reach 15 million customers by 2030. This acquisition in France strengthens its structural growth and consolidates its commitment to the integration of clean energy in the European market.
Source: Plenitude
Photo: Neoen
