CFO interview: Open Fiber CFO Andrea Crenna on raising capital and managing a consortium of 34 lenders

10 June 2025 | Transaction support

Franco Ferri

Article | PDF (3 pages)


“Open Fiber is one of the largest nationwide fibre-to-the-home (FTTH) projects in Europe and represents the largest project financing effort in Europe’s fibre broadband sector. Its story offers insights for businesses tackling similar issues in this essential and challenging industry."

Andrea Crenna, CFO, Open Fiber 

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Building out a national network has its ups and downs for wholesale providers. Raising additional funding from the market requires extensive co-ordination and a comprehensive understanding of technical and commercial issues. Analysys Mason Principal, Franco Ferri, recently talked to Open Fiber CFO, Andrea Crenna, about the company’s mission, its place in the market and how it approached its recent re-financing.  

In the edited highlights from their conversation Franco and Andrea cover:

  • how Andrea managed the largest project financing effort in Europe’s fibre broadband sector
  • how Open Fiber raised EUR2 billion in additional funding
  • the benefits of being a fibre network wholesaler
  • the secret to Open Fiber’s success in managing a large consortium of 34 banks.  

CFO interview: Open Fiber CFO Andrea Crenna on raising capital and managing a consortium of 34 lenders

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Andrea Crenna has significant experience in finance and business administration. He joined Open Fiber as CFO in 2022.

Author

Franco Ferri

Principal