Our origins

SPF was established in 1998 by Mr. Nello Fiorentino, who achieved a deep knowledge in the field of industrial investments feasibility from the technical and financial point of view first in the leading Italian car industry (Fiat Auto) and then in the most important long and mid terms Lending Institutions such as: IMI Milano, IMI Roma, MPS (Mediocredito Toscano) and Mediocredito di Roma. SPF was established in order to provide outsourcing service for banks in valuating industrial and infrastructural investment projects assessing their technical characteristics, their creditworthiness as well as their possibilities to access to national or European incentive funding.

SPF started its business with a significant assignment from SF Studio Finanziario (Banca Popolare di Bergamo – BPB Group), during which it assessed almost 4000 projects in less than two years to be worth on the law 488/1992 law on the subject of funding from subsidized funds for enterprises.
Then SPF started working with other institutions in the same field such as: MPS Capital Services, Iccrea, Europrogetti e Finanza, BNL, Banco Napoli, being able to valuate more than 12.000 projects either infrastructural, or industrial sites as well as installations of energy production.

Among the others, for the BPB Group(Banca Popolare di Bergamo e Banca Popolare di Ancona) SPF supplied consultancy support to valuate:

  • several logistic facilities to be built in Bari, Civitanova Marche (MC) Civitavecchia (RM) and Jesi (AN)
  • feasibility study for Osimo Urban Conversion Association (STU - Società di Trasformazione Urbana)

Together with BPA - Banca Popolare di Ancona and SF - Studio Finanziario at first, and then also with Centrobanca, SPF was awarded 7 contracts for the valuation of projects envisaged by the POR - Programma Operativo Regionale of the Campania region. Thus, from 2005, SPF has valuated around 8000 projects to be worth on those incentive funding.

Moreover SPF works with Sviluppo Lazio, Filas, Bic Lazio and ICE on SMEs’ internationalization processes.

Following Mr. Fiorentino expertise in project financing operations among Italy – he followed, at the beginning of his career, some regeneration projects for the most important Italian refineries - SPF has developed a valuable knowledge in the valuation and the consultancy of project financing operations for parking lots, sporting facilities, pubic enlightenment installations and cemeteries.

Since 1998 SPF staff has been growing during the years, including formerly Europrogetti e Finanza’s senior consultants and many others high skilled financial analysts who shared SPF founder’s vision: such as managers from the European Investment Bank (EIB) and from other leading Italian banks.