Foresight Group expands its European Solar Team

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1 May 2009: Foresight Group (“Foresight”), the leading alternative asset manager, has strengthened its Solar Team with the appointment of Pietro Zerauschek as Technical Director. Pietro will be based in Foresight’s Rome office. 

Pietro joins Foresight from RINA SpA in Genoa, where, for the past five years, he focused on providing advisory services to lenders in renewable project finance transactions.  In this role, he led a number of large scale solar power plants projects including advising on technical due diligence, monitoring design and building stages and advising on the financial structure of the transactions.

Prior to 2004, Pietro worked in RINA’s M&A division where he was responsible for the integration of newly acquired companies, where he gained significant experience in business development and consolidation.  Pietro holds a degree in Mechanical Engineering and is a professional member of both the Association for Technical Control of Infrastructure and Buildings (ASCOTECO) and the International Project Finance Association (IPFA).

Giovanni Terranova, Foresight’s Investment Director in Italy commented:
“This new addition to the team reflects the rapid growth of our Italian business. With several projects now in construction and other transactions in the process of being financed, Pietro will play an important role in managing our contractors during the build and ongoing operating stage.  He also brings an in-depth understanding of regional regulations around the development and authorization of solar power plants in Italy and a vast knowledge of the Italian photovoltaic industry.  He has led projects across the energy sector and his experience and connections in the field and in the region will prove invaluable to Foresight as we continue to build up our portfolio of solar investments, both Italy and elsewhere in Southern Europe.”