The transaction in a nutshell

Ireti - which thus reaches 100% stake in Iren Acqua - will be able to move forward with the merger of the subsidiary, optimizing the management of network services in the Genoa ATO. EQUITA financial advisor to F2i in the transaction
- Client:
- F2i SGR
- Date:
- February 2025
- Mandate:
- Sale of 40% stake in Iren Acqua to Ireti
- Role:
- Financial Advisor
- Value:
- € 283 m
- Team:
- M&A advisory
- Advisor:
- EQUITA SIM
The company
F2i SGR is Italy’s largest independent infrastructure fund manager, with assets under management, between equity and debt, of over EUR 8.3 billion. The companies in F2i’s network make up Italy’s main infrastructure platform, spanning six key sectors of the national economy such as transport and logistics, energy for transition, circular economy, distribution networks, telecommunications networks and services, and social-healthcare infrastructure.
Iren is the leading multi-utility in the Northwest and one of Italy's leading operators, active in electricity, gas, district heating, integrated water and environmental services management, and integrated solutions for energy efficiency.