F2i - Terzo Fondo Per Le Infrastrutture Fund, a fund managed by Fondi Italiani per le Infrastrutture SGR SpA and Asterion Industrial Partners won the auction to acquire Sorgenia SpA from Nuova Sorgenia Holding Spa, Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS) and other private shareholders on December 23, 2019. F2i - Terzo Fondo Per Le Infrastrutture Fund, a fund managed by Fondi Italiani per le Infrastrutture SGR SpA and Asterion Industrial Partners reached an agreement to acquire Sorgenia SpA from Nuova Sorgenia Holding Spa, Banca Monte dei Paschi di Siena S.p.A. and other private shareholders on June 3, 2020. As per terms, F2i - Terzo Fondo Per Le Infrastrutture Fund will acquire 72.4% stake and Asterion Industrial Partners will acquire 27.6% sake in Sorgenia SpA. In the transaction, Nuova Sorgenia Holding Spa, Banca Monte dei Paschi di Siena S.p.A. and private shareholders will sell 99.973%, 0.026% and 0.001% stake respectively. The acquisition is inclusive of the 50% stake in the Italian power producer Tirreno Power, owned by Sorgenia. As part of the transaction, F2i will transfer a portfolio of wind and biomass assets into the group to accelerate the diversification of its power generation profile. Ugo Molinari, Margherita Santoiemma and Alessandro Fontana of Lombardi Molinari Segni acted as legal advisors to Nuova Sorgenia Holding Spa. Lazard acted as financial advisor to Sorgenia SpA. Lazard advised Nuova Sorgenia Holding Spa in the transaction. F2i - Terzo Fondo Per Le Infrastrutture Fund, a fund managed by Fondi Italiani per le Infrastrutture SGR SpA and Asterion Industrial Partners completed the acquisition of Sorgenia SpA from Nuova Sorgenia Holding Spa, Banca Monte dei Paschi di Siena S.p.A. (BIT:BMPS) and other private shareholders on October 6, 2020. Angelo Barbarulo and Gianfilippo Mancini will be appointed as Chairman and Chief Executive Officer respectively, of Sorgenia SpA.