Enilive Iberia, the Iberian Peninsula unit of Eni SpA’s mobility transformation firm, has acquired 100% of the shares of service station operator Atenoil.
The deal has already acquired approval from all related authorities, Eni mentioned in a press launch.
The acquisition brings 21 service stations within the areas of Madrid, Andalusia, and Castilla-La Mancha beneath Enilive’s umbrella. This brings Enilive Iberia’s community as much as a complete of 38 stations, Eni mentioned.
“With this acquisition, Enilive Iberia has strengthened its market place within the space and has prolonged its presence into new provinces”, Eni mentioned.
According to Enilive’s sustainable mobility technique, the service stations will add new biofuels to the normal supply of fuels and lubricants. The biofuels, derived from 100% renewable uncooked supplies, will embody HVOlution and HVO diesel, in line with Eni.
The stations will even have quick and ultra-fast electrical charging factors.
“With this acquisition, three years after our return to the Spanish retail market, Enilive Iberia has reaffirmed its improvement aims and is now an essential participant within the power transition of the Iberian Peninsula”, Davide Calabrò, Chairman and CEO of Enilive Iberia, mentioned.
The acquisition of Atenoil helps Eni’s strategic plan 2024-2027, which incorporates increasing the Enilive service station community with greater than 300 premium stations in strategic places in Italy and overseas, the corporate mentioned.
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