Eni gas and light finalizes the acquisition of 20% of Tate srl, a tech company in the energy market

Eni gas e luce, a company 100% controlled by Eni SpA, today completed the acquisition of 20% of Tate srl, an innovative start-up active since 2019 in the sale of electricity and gas exclusively online, thanks to its app. This operation allows Eni gas and light to invest in a fully digital tech company already active in the energy market and ready to develop and grow in digital services. With the support of Eni gas and light, Tate wants to grow by turning mainly to the Millennials segment, which today has about 13 million people in Italy and is destined to play an increasing role in the world of work and in society, without forgetting that the Millennials they use digital tools and services as a daily support for purchasing choices for goods and services.

With this acquisition, Eni gas and light shows that it strongly believes in the Italian fabric of innovative and technological start-ups and, above all, in a young and ambitious team, capable of developing a proprietary app which, with an simple and straightforward purchase, it allows the customer to sign their own electricity and gas supply contract in just a few minutes and manage it independently.

Eni gas and light wants to contribute to Tate's ambitious development plan in the field of digital services, in that of digital payments, passing through the growth of the electricity and gas customer base where Tate now has more than 3.000 customers.

Eni gas and light finalizes the acquisition of 20% of Tate srl, a tech company in the energy market

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