Generali Investments has launched Sosteneo, a strategic joint venture focused on equity investments in greenfield infrastructure projects related to the energy transition.
Sosteneo expands Generali Investments’ ecosystem of asset management firms, broadening the overall offering in real assets and strengthening its commitment to providing clients with access to ESG-oriented investment capabilities. Sosteneo aims to drive low-risk equity financing for greenfield infrastructure projects that produce clean energy, such as solar and wind, as well as enable clean energy use, such as battery storage and networks. Sosteneo also intends to collaborate with its network of industrial partners to provide solutions aimed at lowering emissions and/or improving efficiency for large energy users.
Generali Investments holds a majority stake in Sosteneo, and experienced executives from the clean-energy and funds-management industries hold the remaining stake.
“Sosteneo makes