Eight Advisory supported Igneo Infrastructure Partners on its acquisition of City Green Light

Igneo Infrastructure Partners, founded in 1994, is a global mid-market infrastructure investment manager and an autonomous investment team within the First Sentier Group. The firm manages US$22.9 billion in assets (as of 30 September June 2025) and focuses on high-quality, mature, mid-market infrastructure companies across renewables, digital infrastructure, waste management, water utilities, and transportation sectors in the UK, Europe, North America, Australia, and New Zealand. 

City Green Light, established as a standalone business in 2017 following its carve-out from Gemmo, is Italy’s leading independent operator of public lighting and smart city solutions. The company manages around one million lighting points under long-term contracts with over 300 municipalities, providing critical infrastructure and supporting the energy transition in Italy. 

The acquisition aims to strengthen Igneo’s portfolio of essential infrastructure platforms, delivering long-term sustainable value and supporting the energy transition across Europe. City Green Light’s efficient lighting solutions and stable, inflation-linked cash flows align with Igneo’s responsible investment approach and strategic focus on resilient, future-ready infrastructure. 

Eight Advisory team members supporting this transaction:  

• Commercial due diligence: Florian Revellat (Partner), Gabriele Capezzera (Senior Manager)