Decal Renewables

About us

We aim to be an independent power producer (IPP) committed to supporting the affirmation of renewables as a secure, clean and financially viable source of energy worldwide.

With a primary focus on greenfield projects, we are eager to partner with:

● Project developers;
● Large energy consumers;
● Technology manufacturers;
● Land owners; and
● Local authorities.

Solid roots

Our shareholder: Decal

The Triboldi family business, Decal is a long standing and respected business partner that has been playing a leading role in the energy industry since its inception in 1961, when it set up the first marine oil and petrochemical products storage terminal near Venice, Italy. Its primary line of business is the ownership and management of terminals for oil, gas and chemical products, which has expanded overseas in Spain, Panama, Brazil and Russia. Today, Decal manages a total storage capacity of c. 2mln m3 with a throughput of almost 10mln tons and it employs more than 340 people globally. More recently, it expanded its interests in the lubricants business and in the trading and distribution of chemicals and petrochemicals products. The company’s net equity has been steadily increasing to nearly $350mln, with $300mln p.a. average revenue. Decal’s newest business ventures include LNG storage and renewable energy.

Experienced senior team

Matteo Fedeli

Chief Executive Officer

Matteo has held senior investment management roles at various private equity funds in London, leading arrangement and structuring, valuation, contract negotiation and project financing for solar PV, wind and biomass assets. In the energy industry for nearly 15 years, he has negotiated investments and disposals of over $1.3bn greenfield and brownfield renewable energy assets (>650MW) in Europe and South America. He holds a masters’ degree in Energy Engineering from Politecnico di Milano and masters’ degree in Energy, Trade and Finance from CASS Business School, London.

Andrea Bondi

Chief Technical Officer

Before joining Abraxas Capital Management in 2015, Andrea spent 13 years in various management roles at Siemens and he was also COO of Europe and South Africa’s for Lanco Infratech’s solar division, Innovation Manager for Trento RISE, chairman of the Energy Efficiency and Buildings group at the European Innovation Partnership on Smart Cities and member of the ETIP Smart Networks for Energy Transition. He has over 23 years’ experience in the energy industry and he designed, built and operated over 1.3 GW of solar PV projects in Europe, South Africa, Australia and Central America. Andrea holds a masters’ degree in Electronic Engineering from Politecnico di Milano and a MBA from SDA Bocconi.

Gian Luigi Triboldi

President

Gian Luigi has been working with Decal since 1973, where he has helped grow the company’ business, organically and successfully increasing the total storage capacity from 150k to 2mln m3. He has extensive experience in conducting commerce in many jurisdictions in Europe and around the world. He is Decal CEO, the president of the board in the majority of Decal’s subsidiaries and a member of the board at Unione Petrolifera. Gian Luigi holds a masters’ degree in Economics from Parma university.

What we do

PROJECT DEVELOPMENT

We work with developers, brokers, government entities, local communities, landowners and engineers, to originate and assess new projects in various markets, globally, managing and/or mitigating risks to bring them to a ready-to-build stage.

CONSTRUCTION

Our internal resources allow us to engage with technical advisors and EPC contractors to identify the most effective technology and supervise the end-to-end construction phase, until plants are ready for operation.

FINANCING

We provide equity capital to the projects we develop or acquire, and we arrange debt funding to optimise the capital structure in order to strike the right balance among cash yields, rate of returns and returns volatility.

OPERATION

Once our power plants become operational, we continuously assess opportunities for revenue enhancement, cost reduction and risk mitigation, while ensuring the plants are safely and efficiently operated and contractors deliver to the highest standards.