SACE and Stellar Energy Global Infrastructure join forces to support the international growth of Italian companies
New growth opportunities for Italian companies in international infrastructure projects across high-potential markets. This is the objective of the collaboration announced by SACE, Italy’s Export Credit Agency, wholly owned by the Ministry of Economy and Finance, and Stellar Energy Global Infrastructure, a US-based company focused on sovereign-scale delivery and long-term asset performance around the world.
The agreement - signed by Michele Pignotti, CEO of SACE, and Peter Gibson, Chairman of Stellar Energy Global Infrastructure and Nebula Energy in the presence of steering group members Michal Ron, Chief International Officer, and Mario Melillo, Chief Network Officer of SACE -, catalyzes the growth of one of Italy’s leading export supply chains. The collaboration will largely focus on energy and energy transition, artificial intelligence and digital infrastructure, with a geographical focus on Italy and high-potential markets including the Middle East, Vietnam, the Philippines, Australia, Türkiye and selected African countries.
Sam Abdalla, CEO of Nebula Energy, and Gordon Lyon, CCO – MENA of Stellar Energy Global Infrastructure, will play leading roles in the initiative, combining the expertise of both companies to enable greater asset performance with integrated LNG import and infrastructure development. As part of the collaboration, a Suppliers’ Day is taking place today at SACE’s Milan headquarters, bringing together Stellar Energy Global Infrastructure, Nebula Energy, industry associations and Italian companies from across the relevant supply chains for an intensive day of introductory meetings.
The aim is to provide insight into the investment plans and procurement needs of Stellar Energy Global Infrastructure and Nebula Energy, and to invite the involvement of Italian companies in forthcoming projects. During the meetings, SACE presented the tools and solutions available to support growth, mitigate risks and strengthen competitiveness.
“This very significant partnership with Stellar Energy Global Infrastructure represents a new and highly innovative approach for SACE as an export credit agency in its broader support of Italian supply chains in markets of strategic interest to Italian export - said Michele Pignotti, CEO of SACE -. By advancing from a single-transaction focus to a wider target of entire sectors such as advanced infrastructure programmes, we align in advance with our partners Stellar Energy Global Infrastructure and Nebula Energy through a highly structured preparation aimed at creating new business opportunities for Italian companies in the respective fields. We will strive to undertake this exciting new journey together with our international partners as a coordinated team with a unique platform to further enhance the growth path of Italian exporters and strengthen their competitiveness in new markets.”
“This exciting collaboration demonstrates the growing role of innovative financial partnerships in driving economic development and infrastructure growth,” said Peter Gibson, Chairman of Stellar Energy Global Infrastructure and Nebula Energy.