Eni pockets 3.6 bln euros from stake sales in biofuel unit to KKR

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- Italian energy group Eni ENI.MI said on Friday it completed the sale of an additional 5% stake in Enilive to U.S. fund KKR, bringing the total proceeds from the disposal of two minority stakes in its biofuel unit to 3.6 billion euros ($4.1 billion).

This second deal with KKR KKR.N was announced in February after a previous agreement, signed in October, under which the U.S. fund bought a 25% in the unit.

The 3.6 billion proceeds include a 500 million euro capital increase into Enilive, Eni said.

($1 = 0.8815 euros)


(Reporting by Francesca Landini, editing by Giulia Segreti)

((francesca.landini@thomsonreuters.com; +39 02 66129437; Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))

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