“Knowing how to listen means possessing, apart from your own, also the brains of others”

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Mani con lampadina accesa tra le mani

About Us

We are an independent strategic investment holding company. We manage participations in companies implementing important projects of national interest that are sensitive to possible decarbonisation processes through the use of green hydrogen and electricity production from renewable sources.

We create economic and social value for communities, territories and industries by investing in assets that meet the primary infrastructural need for the competitive use of green hydrogen and increased electricity production from renewable sources.

We want to achieve this with the know-how, experience and on-the-job skills of our best Human resource accompanied by their teams, top experts in finance and investment, industrial strategy, risk management, public fund management, national and international institutional relations and legal affairs related to environmental and energy issues.

We want to support it by employing the best international engineering consultancy excellence for highly specialised technical aspects in the areas of energy transition and decarbonisation, hydrogen production and distribution, and wind and solar power plants.

We want to fully support it with the use of financial means and instruments structured by the shareholder it belongs to – FERAZZOLI S.p.A. – on the strength of its track record as a private and independent financial institution registered for more than 10 years with the Bank of Italy under registration number: 40228 and ABI code number 334821.

Governance

Foto governance Giulio Mari

Giulio Mari

Ongoing appointments

Assietta Private Equity SGR – Chairman; 

Green Arrow Private Debt Fund I – Chairman of the Investment Committee;

Green Arrow Private Debt Fund II – Member of the Investment Committee;

DeA Capital Alternative Funds SGR – Member of the Investment Committee; 

SINLOC – Member of the Investment Committee; 

SEFEA Impact SGR – Chairman of the Investment Committee;

 Green Value S.p.A. – Chairman.

Previous appointments as Independent Director

Autostrade per l’Italia:

  • Chairman;
  • Member of the Committee for Works.

 Atlantia:

  • Chairman of the Audit, Risk Management and Corporate Governance Committee;
  • Chairman of the Independent Directors Committee for Transactions with Related Parties;
  • Director in charge for the Internal Control System.

 Engineering Ingegneria Informatica:

  • Lead Independent Director;
  • Chairman of the Committee for Transactions with Related Parties;
  • Member of the Remuneration Committee;
  • Member of the Nomination Committee. 

Banca Fideuram;

Lucchini – Chairman;

Targetti – Chairman;

Metalcam;

Atlantis Capital Special Situations – Chairman;

IREN;

Aeroporti di Roma;

Edison;

BCC Private Equity SGR – Member of the Investment Committee;

Sacci.

Other previous appointments

COFIRI – General Manager;

IMI – Head of Corporate Finance Department;

IMI Investimenti – CEO and General Manager; 

IMI-ABN Amro BV – Vice Chairman; 

SIGE Investimenti – CEO (Merchant Bank of SIGE/IMI Group);

IMI Fondi Chiusi SGR – Member of the Investment Committees.

Graduated with honors in industrial engineering, chemical branch, at Rome University

Foto governance Giuseppe Nerio Carugno

Giuseppe Nerio Carugno

Lawyer – professor / Office of Prime Minister – National School of Public Administration – Rome

from 30.04.2006: professor Governement School of Economics and Finance – Central School Tax

“Ezio Vanoni” – Rome

2.1.10.1996 – 30.04.2006: State Attorney at law ; 3.19.03.1983 – 30.09.1996: Public Prosecutor

01.12.2006 – 31.12.2007: “Special commissioner of government” National Research Institute on the Sea

5 .01.11.2006 – 31.12.2011: Board of directors University of Rome Foro Italico

01.05.2006 -15.12.2006: Chief Gabinet. – Minister of Environment;

01.04.2005 – 30.12.2007: Legal adviser . Lazio Region;

8.13.12.2001 -16.05.2006: Legal adivser Legislative Office – Prime Minister 9.18.12.2000 al 12.12.2001: Chairman board National Research Institute Food and Nutrition

05.07.2000 – 15.06.2001: Chief Gabinet – Minister for Agricolture

01.01.2002 – 30.03-2003: Deputy Rector Governement School Economics and Finance 12.30.03.2003 – 30.03.2004: Head Department International Activity Governement School Economics and Finance

Internazional experiences:

Project leader international proiects:

Twinning project “School of public finance of Romania” 2003 – 2005 1.2.Twinning Project “Modernization of the Cadastre” Romania 2003-2004

Twinning Project Light:”Technical assistance in the review of legislation and in their adaptation to the Community rules on public procurement” Malta 2004

Twinning Project Light:”Transposition oh the acquis communitaire in the field of information Exchange for the Vat and Excises” Romania 2004

Twinning Project Light:”Risk management in the Slovak Tax Administration” 2005

Twinning Project:”Capacity building of the academy of the Ministry of the Finance of Georgia” 2012

Coordinator working group:

“Cooperation agreement between Governement School Economics and Finance and Alytus

County Governor’s Administration” Lithuania

“Cooperation agreement between Governement School Economics and Finance and

Business School Vilnius” Lithuania

06.07.1979

Degree in law 110/110 cum laude University of Napoli

Main pubblications:

“Diritto amministrativo”, Ed. Master, Roma, 2004

“Orientamenti di diritto amministrativo”, Ed. Utet, 1999.

“Lineamenti di diritto amministrativo”, Ed. Master, Roma, 2000.

“Codice di diritto amministrativo”, commentato con dottrina e giurisprudenza, Ed. Master, Roma, 2003.

“Le controversie sul pubblico impiego privatizzato e gli uffici del contenzioso”, ed. Giuffrè, 1999.

Codice dei beni culturali, 2005, ed. Giuffrè.

Languages:

Native: Italian

Other: English, French

Foto Governance Ernesto Massimo Belelli

Ernesto Massimino Belelli

Work Experience 2020- ongoing Senior Counsultant

2018- 2020

Italian Permanent Mission in Geneva.

Ambassador and DPR to the International Organizations. WEOG representative in the Human Right Council Consultative Group. Italian representative in the Syria Support Group.

2019-2018

Italian Ministry of Foreign Affairs and International Cooperation, Directorate General for Development Cooperation.

Minister Plenipotentiary, Coordinator for the financial and private sector (International Financial Institutions, Cassa Depositi e Prestiti). Italian Presidency of the G7 Infrastructure Consortium for Africa; Italian representative in the G20 Compact for Africa.

2013-2016

Embassy of Italy in Skopje, Republic of North Macedonia. Ambassador, Chair for the EU Italian 2014 Presidency.

2008-2013

Italian Ministry of Foreign Affairs, Directorate General for Development Cooperation.

Minister Plenipotentiary, Head of Task Force Iraq and Coordination of the Italian Development Programs and financial assistance in Iraq. In charge for the Provincial Reconstruction Team of Nassiriya(PRT).

2004-2008

Consulate General of Italy in Rio de Janeiro, Brazil.

Consul General, in charge for the Federal States of Rio de Janeiro, Espirito Santo and Bahia.

2000-2004

Embassy of Italy in New Delhi, India.

First Counsellor, Head of Chancery and Head of the Political and Press Office. Organization of the Italian EU Presidency in India and of the EU-India Summit.

1997-2000

Italian Ministry of Foreign Affairs, Direction General for Political Affairs.

Counsellor for Disarmament and Non Proliferation. National representative in the G8 and in the EU Groups(COARM,CONOP, POLARM). Chair for the Italian Presidency in the Nuclear Suppliers Group.

1993-1997

Embassy of Italy Bruxelles. Head of the Commercial Office. Secretary General of the GEI(Italian Companies Group).

1989-1993

Consulate General in Sao Paulo, Brazil. Deputy Consul General.

 1986-1989

 Italian Ministry of Foreign Affairs, Directorate General Economic Affairs, Asia Office.

Desk Officer: Negotiation of Promotion and Protection Agreements with the Philippines, Indonesia, India, Cina, Thailand and South Corea. Liason Officer for the EU at the G7 Venice Summit. Head of delegation at the Club of Paris.

1983-1985 Practising Attorney, Giuffrida Law Firm in Rome.

Education:

Doctor in Law at the University of Rome “La Sapienza” with a Thesis on EU anti trust Law (“Concept of relevant position in the EU jurisprudence”).

Master in Economics and Management at the University of Geneva (“Gestion d’Entreprise”). Master in Diplomatic Studies, Societa’ Italiana per l’Organizzazione Internazionale(SIOI),Rome.

Languages: Fluent in Italian(mother language),English, French and Portuguese, knowledge of Spanish.