SOFAZ Invests in UK Airport, Italian Solar Plants
Update: 2025-11-14
Description
SOFAZ, Azerbaijans State Oil Fund, is expanding its portfolio beyond oil and gas, investing in London Gatwick Airport and Italian solar plants. This strategic shift, part of Azerbaijans economic diversification plan, reflects a broader trend among sovereign investors focusing on long-term capital and stable income. SOFAZs assets have grown by 16.9% since January, reaching $70.2 billion, driven by market gains, currency movements, and smart asset allocation.
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