London 4 May 2022

We often hear about the “wall of capital” available to finance the energy transition – but is this the full picture? Is the financial system actually giving the right support to the transition entrepreneurs?

In this article Luigi Pettinicchio and Sarah Ivory present an innovative analysis drawing parallels between the “software” revolution that changed our societies since the ‘70s and the “hardware” revolution currently under way. They then draw insightful and thought-provoking implications for investors, industry players and policymakers.

The article was published on PEI Infrastructure Investor in April 2022, and on Financial Investigator in June 2022.



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Luigi Pettinicchio

Chief Executive Officer

Luigi co-founded Asper in 2016 with Emma and Luis, with whom he had worked at HgCapital since 2008. 

Luigi has more than 15 years of experience in energy and investing.  At Asper, he is responsible for investment execution across all platforms, the organization and the overall management of the firm. Over the years Luigi led a number of investments, financings and exits in different markets and technologies across the UK, France, Spain and Scandinavia. He sits on the Investment Committee, Platform Management Committee, Sustainability and Risk and Compliance Committees.

Prior to joining Hg/Asper, Luigi worked for Goldman Sachs’ investment banking division in London and for McKinsey & Company in Milan.

He holds a “cum laude” double degree in engineering from Milan’s Politecnico and Paris’ Ecole Centrale, and a MBA with High Distinction from Harvard Business School.