The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has announced an investment of 50 million GBP into London Gatwick Airport (LGW)
SOFAZ has partnered with US-based Global Infrastructure Partners (GIP), a part of BlackRock, to complete the investment.
The transaction is set to stand as one of SOFAZ’ largest infrastructure deals thus far within the European market.
VINCI Airports previously acquired a 50.0% stake in LGW from GIP – with the remaining shareholding managed by GIP alongside SOFAZ and a number of other global institutional investors.
The new investment from SOFAZ represents a commitment to generate long-term value, as well as further diversify the company’s portfolio by investing in infrastructure assets in developed markets.
SOFAZ CEO Israfil Mammadov saidThis landmark transaction is a clear signal of our strategy to partner with world-class institutions on assets that combine resilience, scale, and long-term value. Gatwick Airport is not only a critical gateway for Europe but also a strong, sustainable investment that reflects SOFAZ’s global vision.
