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Albert Stuflesser. SEL Group Bolzano.


Academic year: 2021

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Albert Stuflesser Chief Executive Officer SEL Group

Street Canonico Michael Gamper 9 39100 Bolzano

T + 39 0471 060700

F +39 0471 060703







Performance Turnaround | Business Growth | Change Management | Profit Improvement

Results-Driven Executive: Turning vision into action…and action into results.

Seasoned executive with stellar record in leading both public and private energy companies, leveraging deep understanding of industry, clear vision of future trends, and solid change management skills to drive business growth and performance excellence – achieving results that exceed expectations.



Launching new business opportunities in the energy industry (Cogeneration, Renewables), evaluating

business needs and cultivating relationships with key partners (including investors, stakeholders, & contractors) to capture consent and coalesce resources to ensure success and maximize bottom-line profitability of new ventures.

Orchestrating the planning and building of state-of-the art power plants, effectively leading all


Overseeing plant operations, maintaining the highest standards of performance, efficiency, health

and safety, and asset integrity to drive higher than expected profitability.

Identifying business development opportunities, capitalizing on extensive competitive/market

knowledge and full understanding of future needs/trends to drive substantial growth.

Operating on lean budgets, providing leadership to motivate employees and maximize the impact of

limited resources.


Strategic thinker, effective communicator, team builder, talent manager, inspiring others, getting

work done through others, person of integrity and openness

HR leadership tools:APR,ASR,ADR,360° feedback, employees survey, training, mentoring,

leadership site tours, town hall meetings, CAMS,BBS











Committed as Business Angel and Investor to launch 4 startups in the cleantech sector (concentrated

photovoltaic, high concentrated photovoltaic & thermal, biomass energy, wind power) with supervision

on fund raising, team building, business model and exit strategy.


General Manager & Director (2007 to 2011) / Managing Director (1997 to 2007)

BG Group – UK/Serene SpA - Italy and the UK, 1997 to 2011

Hired by start-up venture Serene (Edison/BG Group) to lead finance planning, construction, and operation of 5 new combined cycle cogeneration plants for industry consumptions (400 MW output total), later headed power business in Italy (€300 million turnover) following full acquisition by BG. Served on Board of Directors for BG Italia Power.

Built and oversaw operation of 5 new plants, implementing and maintaining the highest performance standards. Running operation in lean mode, efficiently managed plants, directing 10 staff members while overseeing 100 contract employees to produce annual net profit of €20 to €30 million.

Tapped to lead start-up utility in pre-construction phase, supervised due diligence for project financing structure, worked with investors and stakeholders to meet obligations, and established contracts for state-of-the-art plants, identifying best partnerships for ongoing success.

Led project management teams in coordinating concurrent construction and commissioning of all 5 cogeneration plants, delivering all results within stringent 2-year deadline. Recognizing problems mid-stream, regrouped and implemented contractor penalties to get construction back on track.

Implemented continuous performance improvements and cost controls while creating new revenue streams, quickly bringing start-up operation to profitability with 25% rate of return (IRR).

Achieved the highest standards in HSSE and asset integrity by selecting accredited contractors and leading by example to promote best environment, safety and security practices. Testament to success, limited lost time incidents during tenure to just 3 minor accidents.

In final role with BG, laid groundwork (strategy and execution plans covering all aspects of start-up and operation) for 3 new merchant plants offering additional 600 MW capacity.

Managing Director

T.E.A. SpA, Italy, 1988 to 1997

Oversaw all operations of public utility supplying renewable energy, cogeneration and district heating in Mantua town ,water, and environmental services to residential, industrial, and commercial customers.

Recruited to reverse losses while improving service to customers, cut costs and added substantial new business to turn around performance, returning operation to black in 1st year of tenure.

Dramatically improved company, taking it from €5 million in losses in 1987 to €10 million in net profits in 1997 while increasing turnover from €105 million to €220 million over same period.

Successfully promoted investment in infrastructure to improve service to customers (with zero outages goal) while negotiating with unions to cut costs through implementation of smart cost control procedures. Established new performance standards, successfully challenging employees to meet new quality, efficiency, and effectiveness goals. Engaged and motivated staff with “lead by example” style.

Generated €115 million in new revenue through 2 key business development initiatives. Managed high-level interactions, including negotiating concessions with municipalities, gaining approval from land owners, and establishing joint ventures to pave the way to success.

Set up deal to offer district heating to 50,000 residents of Mantua city, realizing € 20 million in new revenue through careful business planning and successful marketing of program.

Extended gas distribution network to reach 250,000 customers in 60% of entire Mantua province , structuring business that drove € 95 million in new revenue. Worked with 40 individual municipalities to close deal.


Export Manager, CUGHER SERIGRAFIA SpA, 1987 to 1988

Export Manager, ROTOS SpA (Industrie Ercole Marelli Group), 1985 to 1986

Area Manager for the Middle East, SADELMI SpA (General Electric Group), 1982 to 1984

Project Manager/Proposal Manager, TECNOMASIO Italiano Brown Boveri ( ABB Group), 1978 to 1982 In early career, achieved success in a variety of settings by attracting business partners, setting up joint ventures, identifying key alliances, and closing high-value deals and contracts to meet business goals.

Closed 2 lucrative multi-year contracts to supply screen-printing machines in Germany and France (Cugher Serigrafia).

Opened distribution networks in Greece and Bulgaria through formation of joint ventures for supply of hydraulic machines (Rotos).

Built Middle East market by identifying opportunities and laying groundwork (establishing local sponsor and partners) that led to the award of several major contracts (Sadelmi – EPC Contractor).

Gained experience in supply and installation of plants and equipment as project & proposal manager for Tecnomasio.


@ Master’s Degree, Electrical Engineering, Milan Polytechnic

@ Master in Contract Management, Brown Boveri, Zurich, Switzerland

@ Master in Marketing and Business Development, General Electric, Schenectady, NY @ Certified Safety Professional, CEPER, Italy

@ First class accreditation awarded in April 2012 by Association of Master Degree Engineers for “ Outstanding Competence in Business Development and Operation Management of Combined Heat & Power Asset Driven Companies “



Bi-lingual (Italian & German).

Other languages: English (fluent); Spanish (conversant); French (business).

Member of ASPEN (international think-tank organization), Albo degli Ingegneri (professional engineering association), Assoelettrica (national power producers association).

Partner of Italian Angels for Growth



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