LONDON & LUXEMBOURG--(BUSINESS WIRE)--Vito Gamberale, one of Italy’s leading business managers and infrastructure experts, has been appointed Chairman of Quercus Assets Selection, an asset management company focused on infrastructure investments in renewable energy.
Quercus, led by CEO Diego Biasi, specialises in utility-scale renewable energy infrastructure investing in solar photovoltaic, wind and CHP projects in Italy, the UK and across Europe. It launched its most recent fund focused on Italian wind farms in June of this year targeting total investments of €150 million and with the intention of building a portfolio of assets generating 300MW.
The appointment of Vito Gamberale, given his extensive managerial experience and expertise in the infrastructure sector, is expected to provide Quercus with a strong boost to its expansion plans in renewable energy and broader infrastructure investment.
"I am particularly proud that a senior businessman and manager of the calibre of Vito Gamberale has chosen to back Quercus and its investment plans over the coming years”, said Diego Biasi, co-founder and CEO of Quercus. “We believe we have an exciting platform to become an international leader in renewables and infrastructure investment, and Mr. Gamberale’s endorsement says a lot about our strategy and execution capability. With his support we hope that we can achieve the ambitious goals we have set ourselves. "
Vito Gamberale added: "I am delighted to be contributing my experience in infrastructure to Quercus and to projects of such environmental and industrial importance".