Resource Energy began in 2006 as the green energy initiative of the Compagnie Industriali Riunite (CIR). The initial mandate was to consider the range of approaches to investment in the sector, including carbon credits, bio-mass generation and bio-fuels. Applied analysis of opportunities led Resource Energy to focus on the development of bio-fuels as a source of scalable investment in a rapidly evolving market.

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 industry expertise of Tsb Sugar International and its subsidiary Booker Tate (widely regarded as one of the foremost global agricultural assessment and management specialists) and reinforced by the very similar evaluation philosophy applied by Venfin. 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.