FIEE SGR S.p.A.
FIEE is an established, pioneering, dedicated European fund manager active both in private and public markets founded in 2015 to make growth-oriented sustainable investments in Energy Transition.
Market & Investment strategy
Broad and growing market: € 145 billion by 2030
Market-oriented sectors, public subsidy-free
Investment and divestment effective and proven strategy:
- € 157 million invested by Fund I (‘Fondo Italiano per l’Efficienza Energetica’), investment period completed
- Four exits successfully completed with high returns
- More than € 143 million already allocated through Fund II (“Italian Energy Efficiency Fund II”), ongoing investment period
Funds & Investors
Fund I:
- Start-up: 2016
- Assets under management: € 191 million, of which € 166 million direct and € 25 million indirect
- Investments: € 157 million completed in 6 deals
- Three exits successfully completed for over € 200 million with high returns
- Distributed to Paid-In Capital (DPI) at 1,5x
- Expiry date: 2028
Fund II:
- Start-up: 2020
- Assets under management: € 201 million, funding completed above the € 200 million threshold (over 70% raised by Fund I investors)
- Investments: over € 143 million already committed by Fund II, thereof € 133 million already invested
- First successful exit for € 38 million and high returns
- Expiry date: 2032
Investors:
- The investors are leading international financial institutions: insurance companies, funds of funds, banks, banking foundations, as well as family offices and SGR’s partners and managers.
- European Investment Bank is Anchor Investor in both Funds, with € 25 million on Fund I and € 40 million on Fund II
Appealing returns & Low risk profile
Investments with stable and predictable cash flow generation
Funds with attractive low-volatility returns
- Fund I has a positive J-Curve, regular distributions, and a double-digit return
- Fund II confirms the same risk-return profile as Fund I
Team & Track record
Highly qualified Team with proven track record in the energy and finance sectors
Partners and Key Managers with track records on different business ventures too
Partners and Managers are also investors in the established and managed Funds
Portfolio
Native ESG private equity platform aiming at energy transition
7
Companies currently in portfolio, after divestments
1000+
Employees
Over € 2 billion
capex performed or in progress in the energy transition
In December 2022, PLT Energia (invested by both funds) was sold to ENI Plenitude.
Fund I fund also finalised in May 2023 the sale of Selettra S.p.A. to the German private equity fund managed by PATRIZIA Infrastructure Ltd and in September 2023 the sale of Comat SE S.p.A. to two investment funds managed by Pioneer Point Partners LLP and Marguerite III GP S.à r.l., respectively.
With a high-level relationship system, experience, and strategic vision in our fields of expertise and a strong track record, we are the ideal private equity platform to invest in the energy transition.
The investors are leading international financial institutions: insurance companies, funds of funds, banks, banking foundations, as well as family offices and the SGR’s partners and managers.
Commitment to sustainable investments and implementation of an ESG Policy to measure performance (data 2023).
7,663 MWh
Generation from renewable sources
229,739 tCO2
CO2 avoided emissions
301,846 MWh
Energy savings
Data 2023
Team
Why FIEE SGR?
Our Team
Highly experienced team that has been successfully working together for more than 10 years and has in-depth knowledge of the energy market.
Highly qualified advisors with more than 26 years of average experience in the energy and finance sectors.
Team of 14 people fully committed to the investment and operations areas.
Press
Press releases and news
Press Release: Selettra S.p.A.
Press Review: Il Sole 24 Ore – Patrizia invests 140 million in Selettra Srl
Press Review: Il Sole 24 Ore – Eni: Plenitude acquires 100% of Plt
Press Release: Signed the agreement for the sale of 100% of PLT and SEF to Plenitude
FIEE has completed the fundraising of its second private equity fund focused on energy transition, surpassing the threshold of €200 million
Italian EIB backed fund makes long-term strategic investment into Corre Energy
Office
Roma
Via Saverio Mercadante 9
00198 Roma
t. +39 06 916581