As an integrated industrial company, Resource Energy aims to be a leader in the emerging global bio-fuel market by acquiring and developing a complementary base of international production assets and creating value from its investments, positioning itself across the key geographies and taking advantage of opportunities throughout the value chain.
From its inception, Resource Energy has weighed business approaches based on the long term economics and “green” impact of various strategies without any preconceived notions of the correct answer. The chosen focus on ethanol produced from sugar cane is a result of this selection process.

History
Resource Energy began in 2006 as the green energy initiative of the Compagnie Industriali Riunite (CIR).

In 2006, Resource Energy first joined with Tsb Sugar International and Venfin as lead investors in a proposed ethanol production project in Africa. The analytical approach of Resource Energy was complemented by the industrial expertise of Tsb Sugar International and its subsidiary Booker Tate (widely regarded as one of the foremost global agricultural assessment and management specialists). The compatibility of these organizations was also due to their common origins in the family office culture; the De Benedetti and Rupert families have long been associated with careful and far-sighted investment strategies.

In 2007, the ties between Compagnie Industriali Riunite (CIR), Tsb and Venfin were made official through the reincorporation of Resource Energy as Resource Energy B.V. held by Compagnie Industriali Riunite (CIR) and Tsb Sugar International and Venfin with the remainder held by the Management of Resource Energy. The substantial pipeline and experience of the Management of Resource Energy made for a running start in this new corporate form.

Approach
Resource Energy believes that sugar cane based ethanol is the most efficient and environmentally benign form of biofuel production in the market today. Sugar cane based ethanol may be used either as a substitute for petroleum or as an additive to gasoline which permits for greater fuel efficiency. This means that sugar cane ethanol has an independent value that is not a simple function of the oil market. Sugar production and other “bio-refinery” by-products also help shield cane based ethanol production from some of the volatility likely to occur as global bio-fuel markets mature. Finally, related sources of income from bio-mass (bagasse) generation and carbon credits available in cane based ethanol developments constitute complemetary sources of revenue and positive environmental impact.

Environmental
Resource Energy is committed to limit the environmental impact of its production and related infrastructure. Resource Energy will not involve itself in projects or production, which involves deforestation.

Local Participation
Resource Energy seeks to have meaningful participation from local partners in its assets. The incorporation of local interests underscores the notion that Resource Energy desires to act as a citizen in each market in which it operates.
In addition to involving local investors, Resource Energy is committed to agricultural organization which involves local growers as owners and producers of their own land. The transfer of information to make local farmers more efficient producers is good policy and good business.

Best Practices
As a company with an international footprint, Resource Energy will draw and use the best talent and information in the industry. This involves applying resources and knowledge from one market to another.

Human Resources
Resource Energy is staffed with a small central core of specialists responsible for looking at the broader themes of the market and establishing the corporate direction and approach. The development emphasis is local, with individuals selected who are familiar with the particulars of the market in which they work. Finally, operational expertise and agricultural assessment are provided through a framework agreement with Booker Tate. The agreement is at arms length and aims to conform incentives in productive and profitable operations of the involved assets.