SUSI Partners, through its SUSI Energy Transition Fund (SETF), has secured 100 percent ownership of Italian energy service company, Genera New Energy S.p.A. Società Benefit (Genera Group) by acquiring the remaining 25 percent stake.
Headquartered in Rome, Genera Group offers industrial, commercial and public clients the provision and operation of energy infrastructure that support their efforts to save on energy costs, decarbonize their operations and increase their energy independence. Key solutions include LED lighting retrofits; deep building retrofits; combined cooling, heat and power facilities; process efficiency; and on-site solar PV installations.
In 2020, SUSI had acquired a 75 percent stake in Genera Group and has now bought the remaining 25 percent stake based on the company’s continuous progress since the initial investment in 2020 and the strong strategic alignment with the current management team.
Following the transaction, Filippo Ghirelli resi
