MANAGEMENT TEAM
A team of qualified professionals dedicated to infrastructure finance and real estate. A close-knit, cohesive and complementary team.
CEO
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Federico MerolaCEO – CV He boasts more than 29 years of experience investing in infrastructure and real estate, both nationally and internationally, as well as in structuring companies and mutual investment funds concerning these sectors. Current positions include: Chief Executive Officer of Arpinge since 2013; General Director of Arpinge since 2022; Independent Member of Replica SIM SpA; Member of the Assonime Council and Member of the Management of Astrid. Past institutional positions include: Independent Member and Chairman of the Risk Committee of SACE Spa, General Director of ANCE, Senior Partner of F2i SGR, Member of Invimit SGR (MEF), BNP Paribas Reim SGR and Geoweb (Sogei), Director of FIMIT SGR and Head of Structuring of Project Finance Big Operations in MCC and Schroeders. He has been a Professor of International Finance at the Luiss University since 2016. He has written articles, papers and publications with Edizioni Sole 24 Ore, Franco Angeli, Il Mulino, LUISS University Press and other publishing houses on project financing, investment in infrastructure, pension funds, institutional investors and credit system, with a special focus on financial innovation for real economy. He is a member of the Italian national council of chartered accountants of Rome and a registered auditor. |
Executive Board
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Francoise FerraroLegal Specialist, Executive Board – CV
Legal Specialist of Arpinge since March 2022. From 2018 to 2022, she worked at the law firm 3D Legal – Dandria, focusing on civil litigation, consumer protection, administrative litigation, and antitrust, including for major foreign companies. |
Secretarial Staff
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Valentina BartoliThe secretary is responsible for managing the organizational and back office activities of the company. |
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Manuela RiccioThe secretary is responsible for managing the organizational and back office activities of the company. |
ESG & Sustainability
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Francesco TomaiuoloESG Director – CV
He has been the ESG (Environmental, Social & Governance) Manager of Arpinge since September 2022. Previously, he was the Group Sustainability Manager of Webuild Spa, Italy’s first operator and one of the leading international players in the complex infrastructure sector. For more than 15 years, he has been dealing with sustainability and corporate responsibility, ranging from strategic planning to implementing ESG risk management, monitoring and reporting systems. During his career, he has worked on many projects in the areas of sustainable finance, climate change, human rights and stakeholder engagement.
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Institutional Relations
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Antonio GennariAdvisor – CV Since May 2018, he has been Senior Advisor for Institutional Relations and Regulatory Affairs at Arpinge SpA. |
Investment & Development
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Paolo MartoneSenior Partner – CV Senior Partner of Arpinge since September 2015. Before working for Arpinge, he held the position of Development Manager in Hines, where he was in charge of the development of the Porta Nuova Garibaldi project, one of Hines’ largest development projects in Europe.
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Alessandro DiscenzaSenior Associate – CV Senior Investment Analyst of Arpinge since September 2021. Previously, he worked in PwC as a Senior Associate in the M&A Infrastructure team dealing with financial models and consulting both M&A and debit for customers in the renewable energy sector (mainly photovoltaic and wind energy) and in the infrastructure sector (highways, airports, ports, hospitals and real estate). |
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Danilo DolceAssociate – CV Analyst of Arpinge since January 2022. Previously, he worked in PwC in the Valuation and Restructuring teams, developing cross-functional skills in Corporate Finance. In particular, the Valuation team was in charge of the evaluation of companies and business units through different valuation methods (DCF, DDM and market multiples) and impairment testing. |
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Pasquale VastanoSenior Analyst – CV Analyst of Arpinge since April 2024. Previously, he held the position of Investment Analyst in B4Investimenti SGR, private equity firm focused on ItalianSMEs. In particular, he was mainly involved in (i) financialand business analyses of companies operating in differentindustries, (ii) financial modelling and business planning, (iii)execution of M&A transactions and (iv) monitoring ofportfolio companies’ performances. |
Arpinge Energy Efficiency & Renewables (AEER)
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Valerio FiorentinoAEER, Chairman – CV He has been working with Arpinge since its establishment. More than 23 years of experience in the energy sector, where he has also held senior roles in listed companies, drawing on a solid background in administration and corporate finance. |
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Roberto CrescitelliAEER, CEO – CV Chief Operating Officer of AEER since September 2022, he has been active for 23 years in the energy sector with significant and recognized results in the Renewable Energy, LNG, Oil&Gas and Aerospace markets. He is a manager with outstanding competence both in managing and growing well-established and start-up businesses, throughout Europe and Africa. He has guided several M&As.
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Mariano OcchioneroAEER, Senior Specialist (Asset MGMT) – CV Asset Management Manager of AEER since March 2021, he is mainly responsible for the management of AEER’s power generation plants. Previously, he worked for Nordex Italia, where he held the position of Field Operations Manager and Local Operations Manager for Italy, Greece (until 05/2020) and Croatia (from 2018 to 2021).
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Edoardo SimonelliAEER, Specialist (Asset MGMT) – CV He has been AEER Specialist since February 2022. He is mainly in charge of asset management in the renewable energy sector, from monitoring compliance and appropriateness of O&M activities, as well as plant performance, to relationships with institutional counterparts (GSE, ARERA, Customs Agency), local authorities and/or owners of the land on which the plants are located. |
Parkinge
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Giovanni CenturelliPresident subsidiaries parking & mobility – CV In Arpinge since October 2019. He boasts over 26 years of experience in the parking sector, where he has gained extensive experience in infrastructure investments in parking, project finance and concessions. He also holds the position of Chairman of the Ethics and Disciplinary Committee of Airpark (Italian Association of Parking and Mobility Operators). |
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Alessandro LabellarteParkinge, CEO – CV In Arpinge since 2017 as Project Manager and from May 2023 in the subholding Parkinge in which he has held the role of CEO since 2019; he has gained financial expertise and extensive experience in the operational management of parking facilities. Furthermore, he has more than 25 years of experience in concessions and in the assessment of infrastructure investments, mainly highways, car parks and public transport, both in Italy and abroad. Within the Saba Group, Europe’s leading park operator, he has held various positions in subsidiaries and associate companies. He has written several articles and papers on Public-Private Partnership. From June 2024 he is Vice President of Aipark (Italian Association of Parking and Mobility Operators). From October 2022 to June 2024 he has been the President of Aipark (Italian Association of Parking and Mobility Operators).
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Alessandro IacoucciParkinge, Asset Manager – CV
He has been the Asset Manager of Parkinge since March 2022. Previously, he worked in construction and energy design for several architecture and engineering firms. From September 2021 to March 2022, he worked in Fortebis as Middle Project Manager, and he was mainly involved in the production of construction drawings and associated documents of interior renovation projects carried out in several Italian locations, all in the banking sector, especially for BNL – BNP Paribas.
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Alberto CavalliGeneral Director Gespar SpA – CV
General Manager of Gespar since March 2009, he has gained management and administrative experience and skills in the area of parking facilities and working as project manager in construction sites. Previously, he held the roles of project control, structural designer, construction manager and project manager in Pizzarotti & C. S.p.A. and N.P.F. Nuovo Polo Fieristico.
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Gerardo Di BelloParkinge, Site Manager – CV
Since 2019, he has been Parkinge’s contact person for the parking facilities of the San Carlo Regional Hospital of Potenza, where he has, among other things, been responsible for the introduction of smart payment methods (apps and cards). Since 2013, in De Vivo Spa, he has gained management and administrative experience and skills in the area of parking facilities.
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Strategic Planning & Management Control
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Luciano IannuzzoSenior Partner – CV
He has been the Head of Management Control and Strategic Planning of Arpinge since November 2015. He has acquired expertise in the assessment of infrastructure investments, both in Italy and abroad, and in management control in the following sectors: gas, highways, airports, water, renewables, WTE, telecom and logical networks, over his 15-year career in F2i, Simest, ANAS and Accenture. In F2i, he held positions in the Board of Directors of various portfolio investees. |
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Alessandro PalluccoSenior Financial Controller – CV
Working at Arpinge since October 2023 as Senior Financial Controller, previously, he held the role of Head of Finance in Urban Vision SpA, a leading Media Company in the Maxi OOH and Digital OOH market, directly supporting the CFO in financial planning, in drafting the Group’s business plan and cash flow statement and in the economic & financial evaluation of extraordinary operations. |
Accounting, Finance & Control Area
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Tania SannaPartner – CV
She has been the Administrative Officer and Head of Human Resources of Arpinge since November 2015. Previously, she worked as Head of the Middle-Office in F2i SGR, dealing with the accounting/administrative management of the funds managed, relations with supervisory and oversight bodies, investment settlement and investor relations.
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Andrea BelmonteAssociate Manager – CV
Senior Accountant of Arpinge since October 2019. Previously, he worked in Lamaro Procurement Spa, a company of the Toti Group, as Senior Accountant, dealing with general accounting, preparation of separate and consolidated financial statements.
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Adriana AngellottiSpecialist – CV
Accountant of Arpinge since January 2021, she previously worked in the tax advice center CAF CIA Srl, as head of successions, leases, and declaration documents. From 2015 to 2019, she worked for Studio Commerciale Schettino, dealing with accounting, preparation of financial statements, strategic support and tax compliance.
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