Fondo Italiano per l’Efficienza Energetica SGR S.p.A. was established on March 3rd, 2014, as part of an investment plan to set up Italy’s first private equity fund intended for professional investors to invest in energy transition projects in Italy and the European Economic Area.
As of December 7th, 2015, FIEE SGR S.p.A. was authorised by the Bank of Italy to provide investment services. It is registered under no. 140 in the Register of Asset Management Companies, FIA manager section.
FIEE SGR represents a successful experience achieved thanks to the profitability of its investments in the segment of the real economy where energy is used in an efficient and sustainable manner, aimed at contributing to the energy transition: energy efficiency, generation from renewables, electrification, integration, energy communities, …
The journey undertaken also with the support of investors is highly appreciated, not only for the high returns, but also for the counter-cyclical and resilient aspects of abrupt external events such as the recent Covid-19 pandemic and the Russian-Ukrainian conflict, which did not have a negative effect on the SGR and the Funds under management.
In the current difficult macroeconomic environment, the energy transition plays an even greater role than ever before.
The Team of professionals fostering this journey has gained significant industrial and financial expertise in the energy field for over twenty years. In particular, the FIEE SGR Team:
- has over 100 years of experience in the energy sector (mainly in energy efficiency and generation from renewable sources), infrastructure and asset management, as well as entrepreneurial experience;
- established a track record in identifying, structuring, and executing energy efficiency projects, not least through business experience;
- assumed a financial commitment in the initiative of €9 million, whereof €1 million for an appropriate capitalisation of the SGR and €8 million invested in the two Funds promoted and managed by the SGR.
Former CEO of ENEL, from 2005 to 2014 he led its international expansion, including the acquisition of Endesa. He has also been General Manager and Chief Financial Officer of Exxon Mobil, Telecom Italia and Ferrovie dello Stato. Member of the boards of directors of Aon and the Italian Institute of Technology and former director of RCS Mediagroup and Barclays, as well as Vice President of Confindustria. Cavaliere del Lavoro of the Republic of Italy and Officier de la Légion d’Honneur of the French Republic.
Founding partner and CEO of Lucos Alternative Energies, one of the first energy service companies (ESCo) to profitably invest in energy efficiency in Italy. Former Managing Director of Merrill Lynch for Energy, he holds an MBA from Harvard Business School.
Partner and CEO of Lucos Alternative Energies. Executive at Enel Green Power and manager of Capital Group (over € 1 trillion of assets under management). He holds an MBA from Harvard Business School and is a CFA® Charterholder.
Investment holding company founded by Andrea Agnelli and his sister Anna. Shareholder of FIEE since 2014, it is represented on the Board of Directors by the Investment Manager Andrea Longatti.
- Lamse S.p.A. was a strategic investor in Lucos Alternative Energies, one of the first ESCos to profitably invest in energy efficiency in Italy. Seed investor of Katarsis Capital Advisors, advisory company of the Eskatos SIF fund, one of the first European funds dedicated to the insurance linked securities sector and other managed savings initiatives.
Andrea Longatti is Investment Manager of Lamse S.p.A. Formerly a director of Lucos Alternative Energies, he has gained many years of experience in energy efficiency. On behalf of Lamse, he participated in the launch of Katarsis Capital Advisors and other asset management initiatives. He is a member of the Board of Directors of Nobis Compagnia di Assicurazioni S.p.A.
Former Deputy General Manager and Director of Mediobanca, where, in over 20 years, he has held various positions, including head of the Equity Capital Markets, Corporate Finance and Coverage Large Corporate area, handling some of the most important privatization transactions in Italy (Enel, Finmeccanica, etc.). He is a member of the board of directors of Prada, Technogym and Enervit.