Francesco Lo Passo
Dr. Lo Passo has more than twenty years of experience in economic consulting since his involvement in the opening of the first international economic consulting office in Italy. His clients include energy, transport and telecommunications companies, investment banks, law firms, and institutional bodies. He has acted as expert at national courts and the Milan Arbitration Chamber. He has advised clients on state aid, extensions and renegotiation of concessions, market and regulatory issues including tariff design, cost of capital estimation for regulated companies, capacity payments, gas transmission tariffs, network codes, revenue neutrality mechanisms, unbundling of regulatory accounts, design and implementation of a competitive mechanism for electricity procurement, and incentive mechanisms for renewable energy sources.
Dr. Lo Passo has supported clients in defining strategy during market reforms. He has helped clients and lenders in due diligence processes in providing specific insights for evaluation and critical assessment of upsides and risks of expected developments. Dr. Lo Passo has published articles in technical journals and is a regular speaker at conferences and seminars, including those organized by Airports Council International Europe (ACI Europe).
Dr. Lo Passo has worked for institutions such as the Italian Treasury and Consob (Commissione Nazionale per le Societa e la Borsa, the Italian securities market regulator) and several economic consulting firms. He has been lecturer in the Doctorate Program in Economics of La Sapienza University in Rome and at the OECD Advisory Group on Privatisation. He was a member of the Council of Experts of the Italian Treasury and in 2004 was energy senior advisor for the Ministry of Foreign Affairs.
Employment History
BRG, 2024
Managing Director
The Brattle Group, 2012 – 2024
Principal and Rome Office Director
NERA Economic Consulting, 2001 – 2012
Director, Associate Director and Rome Office Director
Bain, Cuneo e Associati, 1997 – 2001
Manager, Consultant
OECD Advisory Group on Privatization, 1996 – 1997
Participant on behalf of officer in charge of privatizations at Italian Treasury
Italian Ministry of the Treasury, 1995 – 1997
Member, Council of Experts
CONSOB (Italian Security Commission), 1991 – 1994
Officer – Stock Market Department and Research Department
University of Chicago, 1988 – 1990
Doctoral Fellow
Education
University of Chicago
PhD, Economics
MA, Economics
Scuola Enrico Mattei – Milan, Italy
Diploma
University of Turin (Law Department)
JD (summa cum laude and honors)
Professional Affiliations
Italian Association of Energy Economists
Member
Areas of Expertise
- Construction & Real Estate
- Energy & Climate
- Government & Public Sector
- Technology, Media & Telecommunications (TMT)
- Corporate Finance
- Transaction Advisory
- Valuation Services and Opinions
- Antitrust & Competition
- Damages Analysis
- Data Analytics
- Economic Regulation
- International Arbitration
- Performance Improvement
- Public Policy