[ TRANSACTION RECORD ]

Norges Bank Investment Management Investment in Iberdrola SA — 2023

VERIFIED VECTOR ID: 001488 · tx-016
M SOURCE NODE — FUNDER
Norges Bank Investment Management
Finance Norway
$650,000,000
EQUITY
17/01/2023
Q DESTINATION NODE — RECIPIENT
Iberdrola SA
Company Spain
Amount (USD)
$650.0M
Flow Type
EQUITY
Transaction Date
17/01/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Norges Bank Investment Management
AUM 1600000
HQ Location Norway
Sector Finance
Recipient Profile [ Q ]
Entity Iberdrola SA
Entity Type Company
Jurisdiction Spain
Intelligence Note

Norges Bank Investment Management acquired a 49 percent stake in Iberdrola’s 1.3 gigawatt renewable energy portfolio in Spain for 650 million dollars. This transaction represents a direct investment into green energy infrastructure by the world’s largest sovereign wealth fund. The deal supports Norway’s commitment to climate-focused institutional asset allocation.

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Primary Forensic Source https://www.nbim.no/en/the-fund/news-list/2023/norges-bank-investment-management-signs-agreement-to-acquire-a-49-percent-interest-in-a-renewables-portfolio-in-spain/
✓ SOURCE LINKED