F2i, Italy’s largest independent infrastructure fund manager, is consolidating its activities in the energy-transition sector under Sorgenia and is partnering with Sixth Street to support the continued growth and future development of the combined businesses.
Sixth Street, a global investment firm, will acquire approximately 38 percent of Sorgenia and enable its combination with EF Solare, Renovalia and Renovalia Tramontana — F2i-owned companies active in wind and solar power generation in Italy and Spain.
Following the transaction, F2i will own approximately 62 percent of Sorgenia, with Predica retaining its minority ownership of EF Solare and Renovalia Tramontana, and Asterion exiting Sorgenia’s shareholding. Sixth Street’s investment implies an enterprise value for Sorgenia of more than €4 billion ($5 billion).
Sorgenia will be a leader in Europe’s energy-transition sector with one of the largest operating renewables portfolios across solar, wind,
