# Eni gas e luce acquires 70% of Evolvere

Eni gas e luce has signed an agreement to acquire 70% of Evolvere S.p.A., a leader in distributed generation in Italy with around 11,000 photovoltaic plants.

- Type: Acquisition
- Announced: 2019-11-01
- Where: Italy
- Status: announced
- Capacity: 58 MW
- Products: solar photovoltaic plants, batteries
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Eni gas e luce](https://endata.com/companies/43042.md) (acquirer)
- [Evolvere](https://endata.com/companies/43043.md) (target)

## Sources

- [eni.com](https://www.eni.com/en-IT/media/press-release/2019/11/eni-gas-e-luce-acquires-70-of-evolvere-a-leader-in-the-market-of-distributed-energy-in-italy.html), 2019-11-01: "With Evolvere’s acquisition, Eni gas e luce – leader in the commercialisation of gas, power and energy solutions with 8 million customers in Italy – strengthens its commitment to help its customers make the best use of energy, to use it less."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.