KKR has agreed to acquire an additional 5 percent stake in Enilive from Eni for a consideration of €587.5 million ($614 million), bringing its total holding in Enilive to 30 percent.
With assets in Italy, Enilive is Eni’s mobility transformation company, dedicated to biorefining, biomethane production, smart mobility solutions and providing services to support people on the move. The additional investment follows KKR’s initial acquisition of a 25 percent stake in Enilive in October 2024.
“Having first signed our investment in Enilive in October last year, this transaction reiterates our confidence in the business’ ability to provide innovative and effective emission-reducing technology solutions, in line with our strategy to support transformative energy projects across Europe,” said Marco Fontana, managing director in KKR’s European Infrastructure team. “We’re excited to continue working alongside Eni to further establish Enilive as a market leader.