Eni explores billion euro deal for floating LNG assets
Eni is working with Morgan Stanley to raise over one billion euros from funds. The potential deal involves floating LNG assets to help fund its new projects.
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ENI SPA is working with MORGAN STANLEY to raise at least €1B by selling stakes in its floating liquefied natural gas assets. The Italy-based group has asked investment firms including APOLLO GLOBAL MANAGEMENT INC, KKR & CO INC, and Stonepeak for the capital injection. The deal would accelerate Eni's satellite model strategy, freeing up capital for a $7B expansion in Mozambique.
