The company's cutting-edge technologies and global reach position it at the forefront of the transition to cleaner energy solutions and contribute to Eni's goal of achieving carbon neutrality by 2050.
Alberto Signori, Partner in KKR's European Infrastructure team, said, “We are thrilled to strategically partner with Eni on this investment in Enilive, a key player in advancing the energy transition. This aligns with our strategy to support transformative energy projects across Europe. With our global infrastructure platform and local expertise, we're excited to help Enilive scale its impact in decarbonizing transportation and expand internationally. “We look forward to contributing to its continued growth and success.”
Enilive's Chief Executive Officer, Stefano Ballista, commented, “We are pleased with the entry of a significant partner like KKR into Enilive, who will ensure a strong support to our relevant growth path and in the transition towards an increasingly decarbonized offering for sustainable mobility. ”
KKR has been consistently investing in Italy across asset classes since 2005, with a commitment to supporting the country's economic and social development. Most recently, KKR announced the closing of its acquisition of Telecom Italia's fixed-line network and incorporation into FiberCop, creating the most extensive Italian broadband network serving around 16 million households and helping to fast-track the digital transition in Italy.
KKR is making the investment in Enilive through its Global Infrastructure Strategy. The firm first established its Global Infrastructure Strategy in 2008 and has since been one of the most active infrastructure investors around the world, currently managing over $73 billion in infrastructure assets.
Financial advisors for KKR on this transaction were Deutsche Bank and Unicredit, with Kirkland & Ellis and Gianni & Origoni serving as legal counsel.
