Portrait of Antonio Forcina

Antonio Forcina : Senior Consultant

Antonio is a member of Oxera’s Finance and Valuation team. He specialises in regulatory finance, valuation and damage estimation. In particular, he has experience in working on various aspects of the Italian transport and energy regulation, as well as UK water and energy regulation. He has advised various clients on the cost of capital estimation and financial modelling in a number of due diligence cases regarding regulated assets, and he has advised companies and law firms on valuation issues in litigations and international arbitrations.

Antonio regularly delivers sessions at Oxera’s Utility Finance course held in Italy, as well as ad hoc workshops for clients. Before joining Oxera in 2018, Antonio studied economics and finance at the University of Siena and the University of Durham.

Antonio speaks English, and Italian.

Tel: +44 (0) 20 7776 6634

Antonio's specialisms include:

professional experience

  • Regulatory advice to a toll motorway operator in Italy (2023–)

  • Advice to the shareholders of a European infrastructure asset in the context of a commercial dispute (2023–)

  • Strategic advice to several UK water companies on regulatory finance issues in the context of the PR24 price control (2022–23)

  • Advice to Italian airports and Italian airport associations in relation to the new regulatory regime (2022–23)

  • Due diligence advice on a UK water asset (2022)

  • Strategic advice to a telecoms company in the context of a commercial dispute (2022)


  • MSc Finance, Università di Siena, Italy

  • BSc Economics and Banking, Università di Siena, Italy

Latest Insights:  Antonio Forcina

< 1 minute read
With decision 15/2024, ART (Autorità di Regolazione dei Trasporti) published some of the outcomes of its regulatory impact assessment on the methodology for setting motorway tolls. This procedure was initiated…

Navigating Merger Control

Together with Skadden and ThoughtLeaders4, Oxera is delighted to invite you to join us on Tuesday 4 June, along with senior members of the EU and UK judiciary and competition authorities, to discuss the current complexities in navigating merger control. Click here to register for the… Read More

Image depicting Navigating Merger Control

Back to top