Italy, Oct. 2 -- Eni announces that it has completed the reorganization of Plenitude's shareholding structure together with existing investors, Ares Management Alternative Credit funds ("Ares") and Energy Infrastructure Partners ("EIP"). The transaction was implemented through a non-proportional capital increase of €1.56 billion, subscribed by Ares for €1.08 billion and by Eni for €0.48 billion, and implies a pre-money Equity Value of €10.75 billion for 100% of Plenitude (approximately €13.1 billion on an Enterprise Value basis). Following the completion of the transaction, Plenitude's share capital is held by Eni (65.03%), Ares (26.24%) and EIP (8.73%).The new governance framework agreed as part of the transac...