All Professionals

Francesco Lo Passo

Managing Director

    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

    Professional Affiliations

    Italian Association of Energy Economists
    Member

    Areas of Expertise

    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)

    Recognition

    Sloan Foundation Fellowship, 1989

    University of Chicago Fellowship, 1989

    Luigi Einaudi Foundation Fellowship, 1988

    Francesco Ferrara Fellowship, 1986 – 1987

    Enrico Mattei Fellowship, 1985