Eni acquires Be Power, the second largest Italian charging operator
Eni gas e luce aims to become a primary operator of EV charging on public land, on private land with public access and in Eni service stations, in Italy and Europe.
Eni, through Eni gas e luce, signed yesterday 5 August an agreement to acquire 100% of Be Power S.p.A., which through its subsidiary Be Charge is the second largest Italian operator with over 5 thousand electric vehicle charging points on public land.
With the acquisition, Eni gas e luce aims to become a primary operator of electric vehicle charging on public land, on private land with public access and in Eni service stations, in Italy and Europe.
Founded in 2018, Be Power owns the Be Charge branded charging infrastructures installed on public and private land and holds the relevant concessions. It also manages its own charging stations and those of other operators through a proprietary technology platform and provides charging services to drivers of electric vehicles on its own or third-party charging stations through a dedicated app.
"With the acquisition of Be Power, Eni takes a leadership position in a market at the heart of the European Union's energy transition strategy”, commented Claudio Descalzi, Eni's CEO. “The infrastructure and electric vehicle recharging services business further strengthens Eni gas e luce’s portfolio, which serves 10 million customers in 6 European countries. The company has a total renewable capacity of 9 GW, which includes installed capacity, capacity under construction and capacity to be developed in identified areas. We therefore continue on our path that will lead us to be a leader in the production and sale of fully decarbonised products".
The transaction for an undisclosed amount will be finalized upon receipt of the authorizations from the relevant authorities.
