Eni Buys Dhamma Energy Group

Eni, through Eni gas e luce, has acquired the Dhamma Energy Group (“Dhamma”) from the relevant founding partners. The company holds a platform for the development of solar plants in France and Spain.

Dhamma’s asset portfolio comprises a pipeline of projects at various stages of development for almost 3 GW in both countries and includes plants already in operation or in advanced development in France for around 120 MW.

The transaction includes the integration of the team that contributed to Dhamma’s success into Eni gas e luce, providing a basis for further development of the renewable projects portfolio of Eni gas e luce.

The operation is part of the plan for the expansion of renewable power generation capacity and its integration in the retail activities in the French and Spanish markets.

Information Source: Read Full Release ..–>