Ares strengthens commitment to Plenitude through €1 billion capital contribution
ARES•Ares Management contributed over €1 billion to Plenitude based on a €10.75 billion pre-money equity valuation. Ares holds 26.24% of Plenitude, Eni 65.03% and EIP 8.73%.
1. Capital contribution
Ares Management contributed over €1 billion to Plenitude, based on a €10.75 billion pre-money equity valuation. Ares holds 26.24% of Plenitude, while Eni holds 65.03% and EIP holds 8.73%.
