Eni’s Plenitude secures 80% stake in three US solar ventures

Plenitude, Eni’s subsidiary, acquires an 80% stake in EDPR’s 340 MW solar portfolio in the US, spanning Cattlemen, Timber Road, and Blue Harvest parks. Plenitude enters Ohio’s PJM energy market, emphasizing operational projects in Texas. The company, a Benefit Corp, integrates renewable energy production, sales, and EV charging points. Currently serving 10 million European customers, Plenitude aims for 11 million by 2026, 30,000 EV charging points, 15 GW renewable capacity by 2030, and zero net CO2 emissions by 2040.