Azerbeidzjan diversifieert portefeuille met Europese infrastructuur en hernieuwbare energie Key takeaways Het Staatsoliefonds van Azerbeidzjan (SOFAZ) versterkt zijn aanwezigheid op de Europese particuliere markten. Het fonds wil zijn portefeuille verder diversifiëren en minder afhankelijk maken van olie- en gasinkomsten. SOFAZ, opgericht in 1999, beheert de energierijkdom van Azerbeidzjan en heeft een gediversifieerde beleggingsportefeuille in meer dan 60 landen. Het fonds heeft onlangs belangen genomen […]

Azerbeidzjan diversifieert portefeuille met Europese infrastructuur en hernieuwbare energie #Azerbeidzjan #SOFAZ #duurzameenergie #infrastructuur #investeringen

Azerbaïdjan diversifie son portefeuille avec des infrastructures européennes et des énergies renouvelables Principaux renseignements Le Fonds pétrolier national d’Azerbaïdjan (SOFAZ) étend sa présence sur les marchés privés européens, car il cherche à diversifier son portefeuille au-delà des revenus du pétrole et du gaz. Créé en 1999, le SOFAZ gère la richesse énergétique de l’Azerbaïdjan et dispose d’un portefeuille d’investissement diversifié couvrant plus de 60 pays. Le fonds […]

Azerbaïdjan diversifie son portefeuille avec des infrastructures européennes et des énergies renouvelables #Azerbaïdjan #SOFAZ #ÉnergiesRenouvelables #Infrastructures #Investissement

Azerbaijan's State Fund Acquires Minority Stake in 402 MW Solar Assets in Italy The State Oil Fund of Azerbaijan (SOFAZ) has acquired a 49% stake in a 402 MW solar power portfolio in Italy from Enfinity Global, marking a significant investment in renewable energy.

Azerbaijan's State Fund Acquires Minority Stake in 402 MW Solar Assets in Italy #Azerbaijan #Rome #Enfinity_Global #SOFAZ #Italy_Solar

Azerbaijan's Sovereign Wealth Fund Acquires Minority Stake in Italian Solar Assets The State Oil Fund of Azerbaijan secures a minority interest in a 402 MW solar portfolio in Italy from Enfinity Global, marking a significant investment in clean energy.

Azerbaijan's Sovereign Wealth Fund Acquires Minority Stake in Italian Solar Assets #solar_energy #Italy #Rome #Enfinity_Global #SOFAZ

SOFAZ to Acquire Minority Stake in 402 MW Solar Projects in Italy The State Oil Fund of Azerbaijan, SOFAZ, partners with Enfinity Global to acquire a 49% stake in solar projects in Italy, promoting sustainable energy.

SOFAZ to Acquire Minority Stake in 402 MW Solar Projects in Italy #Italy #Enfinity_Global #SOFAZ #Italy_Solar #Lazio,_Emilia-Romagna

Azerbaijan's SOFAZ to Invest in Italian Solar Assets for Sustainable Energy Transition Azerbaijan's State Oil Fund, SOFAZ, has taken a significant step by acquiring a 49% stake in solar energy assets in Italy, marking its commitment to sustainable energy investments.

Azerbaijan's SOFAZ to Invest in Italian Solar Assets for Sustainable Energy Transition #solar_energy #Italy #Rome #Enfinity_Global #SOFAZ

Azerbaijan's Sovereign Wealth Fund Makes Strategic Move in Italian Solar Market The State Oil Fund of Azerbaijan is set to invest in a major solar initiative in Italy, acquiring a significant stake in a renewable energy project that promises sustainability.

Azerbaijan's Sovereign Wealth Fund Makes Strategic Move in Italian Solar Market #Azerbaijan #Italy #Enfinity #SOFAZ #Lazio_and_Emilia-Romagna

The panel on #Azerbaijan is live on Facebook: www.facebook.com/CrudeAccountability/vide...

Join us in this meaningful discussion

#EmptyBuckets #Sofaz

The report provides an analysis of the Fund’s saving and investment practices, Azerbaijan’s state budget and expenditures.

The findings are especially relevant today, as the global oil market crisis can have a detrimental effect on Azerbaijan’s economy.

#Azerbaijan #SOFAZ

‘The Empty Bucket of the State Oil Fund of Azerbaijan: Pr... Washington, D.C., Release:  March 18, 2020   The new repo...

The report pays specific attention to the operations of the State Oil Fund of Azerbaijan (#SOFAZ) that manages Azerbaijan’s oil wealth. SOFAZ is the main contributor to the country’s economy.

https://bit.ly/3a3mYzf

NEW REPORT ALERT!

"The Empty Bucket of the State Oil Fund of Azerbaijan: Profits and Profiteering" highlights the heavy dependence of the Azerbaijan’s economy on volatile oil prices

#Azerbaijan #SOFAZ #oilmarket

https://bit.ly/3a3mYzf

Palazzo Turati in Milan, Gallery Actor in Moscow, Pine Avenue in Seoul - these luxury estates (along with others!) are owned by The State Oil Fund of #Azerbaijan Azerbaijan (#SOFAZ).

So why does #SOFAZ loses money on these highly lucrative properties?

https://bit.ly/2Z79fAQ

The average annual profit of the State Oil Fund of the Republic of #Azerbaijan (#SOFAZ) in 2010-2017 - 1.53%

Average profits of other funds, same period:

Norwegian Pension Fund 7.6%
Alaska (USA) Fund 9.7%,
Alberta Fund (Canada) 11.5%
New Zealand Sovereign Fund 15.5%

The State Oil Fund of the Republic of #Azerbaijan #SOFAZ regularly publishes statements on revenues, expenditures, and assets. What do they reveal about the Fund’s investments and management strategies and how do they compare it to other national funds?

http://bit.ly/2JYHPtZ

On our blog today: analysis of the Azerbaijani state budget shows that the country spends its money like a rentier state - without observing accountability and transparency and with no public participation

#Azerbaijan #sofaz

http://bit.ly/2GuqUeQ

The State Oil Fund of #Azerbaijan is preparing for its 20th anniversary. However, there is nothing to celebrate: despite huge spending, the country’s role as an economic leader in the region is declining. More in our (brand-new!) blog:

#sofaz #oilandgas
https://bit.ly/2INQKP1